The Central Bank of Iraq has announced two seven-day liquidity auctions scheduled for execution on Tuesday 7 April 2026, comprising an Islamic certificate of deposit auction for Islamic banks and a central bank bill auction for conventional banks, with the latter carrying a 5.25% interest rate. Participation is open from publication of the announcements in the Central Securities Depository (CSD) system until the execution date. Eligibility for both auctions is conditional on a bank’s Iraqi dinar private sector deposits exceeding IQD 50 billion, and subscriptions must be between IQD 50 billion and IQD 500 billion. The deposit data used to determine the size of private sector deposits is as of 12 March 2026, based on figures submitted via the BSRS system during 15–17 March 2026; the auctions are identified in CSD as ICD811 and W503.
Central Bank of Iraq 2026-04-05
Central Bank of Iraq announces 7-day Islamic certificate of deposit and central bank bill auctions to be executed on 7 April
The Central Bank of Iraq has announced two seven-day liquidity auctions for execution on 7 April 2026, comprising an Islamic certificate of deposit auction for Islamic banks and a central bank bill auction for conventional banks with a 5.25% interest rate. Eligible banks must have Iraqi dinar private sector deposits above IQD 50 billion and may subscribe between IQD 50 billion and IQD 500 billion, with the auctions recorded in the Central Securities Depository system as ICD811 and W503.