The Central Bank of Iraq published notices for two 14-day auctions to be executed on 15 March 2026: a Central Bank remittance auction (B346) open to conventional banks and an Islamic certificates of deposit auction (ICD163) open to Islamic banks. Both auctions were posted in the central securities depository (CSD) system, with eligible banks able to submit bids from the announcement publication date until the execution date. The investment size is determined using 50% of private sector deposits based on data dated 26 February 2026 that were submitted via the BSRS system during 1–3 March 2026, with current accounts required to be excluded from private deposits.
Central Bank of Iraq 2026-03-10
Central Bank of Iraq announces 14-day remittance and Islamic certificates of deposit auctions for 15 March 2026
The Central Bank of Iraq announced two 14-day auctions for 15 March 2026: a Central Bank remittance auction for conventional banks and an Islamic certificates of deposit auction for Islamic banks. Both auctions are listed in the central securities depository system, with bids accepted until the execution date. Investment size is based on 50% of private sector deposits as of 26 February 2026, excluding current accounts.