Yemen Central Bank holds auction to sell $50 million on Monday

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Yemen Central Bank holds auction to sell $50 million on Monday

[15/01/2025 01:26]

ADEN – SABA
Yemen's Central Bank is holding an auction to sell $50 million USD next Monday. Participants can submit bids through the Refinitiv electronic platform, the bank announced. Banks without Refinitiv access can request the Central Bank to submit bids via email designated for this purpose during the aforementioned auction period.

The bank's announcement said that the bid amount will be in multiples of a thousand dollars so that the total bids submitted by each participant do not surpass 30% of the total value of the auction.