The Central Bank of Iraq has announced two 14-day auctions to be executed on 15 March 2026: a Central Bank bill auction (B346) and an Islamic certificate of deposit auction (ICD163). The auctions are published on the Central Securities Depository (CSD), with conventional banks eligible to participate in the bill auction and Islamic banks eligible to participate in the Islamic certificate of deposit auction; submissions are open from the announcement publication through the execution date. For both auctions, the data used to determine the investment size (set at 50% of private sector deposits) is based on 26 February 2026 figures submitted via the BSRS system during 1–3 March 2026. The Central Bank of Iraq also instructs banks to exclude current accounts from the private deposit base.
Central Bank of Iraq 2026-03-10
Central Bank of Iraq announces 14-day bill auction B346 and Islamic certificate of deposit auction ICD163 for 15 March 2026
The Central Bank of Iraq will conduct two 14-day auctions on 15 March 2026: a Central Bank bill auction (B346) for conventional banks and an Islamic certificate of deposit auction (ICD163) for Islamic banks. Investment size is set at 50% of private sector deposits, excluding current accounts, based on data from 26 February 2026. Submissions are open until the execution date.