Monday, January 6, 2014

1-6-2014 Newshound Guru Kaperoni

1-6-2014   Newshound Guru Kaperoni   Article:  "CBI press release - Akralbenk Central on 13/12/29 a public auction bidding (C100) for bank transfers for sale (91)"   Looks like a reference to this bond sale...These are regular 90 day investment bonds, not bonds for monetary purposes. There is a bad rumor being perpetuated that bonds for monetary policy start January 7th.  This is completely false.  The CBI has monthly bond sales (as they have for a several years) to fund projects and these are 90 day bonds and posted on the CBI website... The chart showing auction dates posted on the CBI is referring to these bonds and not bonds for monetary policy (sold in dinar) which are long term (a year or more).   [post 1 of 2....stay tuned]