The Central Bank of Solomon Islands wishes to announce the result of the Treasury Bills auction tender, for the week ending Friday 3rd September, 2010.

• Total amount accepted last week 24/08/2010: $2,957,184.23
• Total amount accepted this week 01/09/2010: $2,911,720.10
• Target volume for this week 01/09/2010: $ 3.00 million

Range of Accepted Yields and Weighted Averages Yields (WAY) for the Competitive tenders:

Solomon Islands Government Treasury Bills Investment

Tenders, using the special forms provided for the purpose, must be lodged in either the CBSI Treasury Bills Tender Box at the Banking Counter of the Central Bank before 9:00 am to 11:00 am on Tuesday 7th September, 2010. Allotments will be notified the same day.

Payment in full of the amount due in respect of such allotments must be made to Central Bank of Solomon Islands by cash or cheque no later than 11:00 am on Wednesday 8th September, 2010.

Non-Competitive Tenders:  Minimum tender $10,000.00 (face value), thereafter multiples of $10,000.00 to a maximum of $50,000.00.  Non-Competitive tenders will be accepted for the 91 days maturity only.

Competitive tenders:  Minimum tender $10,000.00 (face value) thereafter multiples of $10,000.00 (face value).

The Auction Issuance Calendar [1 page 226KB], Prospectus [4 pages, 1.6MB] and tender forms [1 page, 447KB] are available at the Currency & Banking Operations Department at the Central Bank of Solomon Islands.

Contact: please contact either John Mark, Doreen Monogari or Ronsley Pana for further information on Phone 21791 extension 229 or 227 .

Updated on: Thu, Sep 2010 at 01:33