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By John Lee.

The Central Bank of Iraq (CBI) has reported that 32 banks and 22 remittance companies took part in its currency auction on Tuesday.

A total of $105,341,338 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

By John Lee.

The Central Bank of Iraq (CBI) has reported that 30 banks and 21 remittance companies took part in its currency auction on Sunday.

A total of $79,005,544 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

By John Lee.

The Central Bank of Iraq (CBI) has reported that 29 banks and 18 remittance companies took part in its currency auction on Thursday.

A total of $79,005,544 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

By John Lee.

The Central Bank of Iraq (CBI) has reported that 26 banks and 16 remittance companies took part in its currency auction on Wednesday.

A total of $81,956,644 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

By John Lee.

The Central Bank of Iraq (CBI) has reported that 25 banks and 18 remittance companies took part in its currency auction on Tuesday.

A total of $80,514,348 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

By John Lee.

The Central Bank of Iraq (CBI) has reported that 25 banks and 19 remittance companies took part in its currency auction on Monday.

A total of $84,669,310 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

By John Lee.

Genel Energy has decided to repurchase a nominal amount of USD 55.4 million of Bonds in connection with the Buy-Back Offer announced last week.

The company will pay 63 percent of par value plus accrued unpaid interest.

Settlement of the repurchases will occur on 30th March 2016.

Shares in the company closed down 1.7 percent on Wednesday following the announcement.

(Sources: Genel Energy, Yahoo!)

(Bonds image via Shutterstock)

By John Lee.

The Central Bank of Iraq (CBI) has reported that 28 banks and 19 remittance companies took part in its currency auction on Wednesday.

A total of $82,402,011 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

By John Lee.

The Central Bank of Iraq (CBI) has reported that 22 banks and 19 remittance companies took part in its currency auction on Sunday.

A total of $77,067,600 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

Genel Energy has announcing a reverse tender offer to holders of Genel Energy Finance plc's USD 730 million GENEL01 PRO senior unsecured callable bonds (ISIN NO0010710882).

The Company intends to offer one repurchase price at which all relevant Bonds are to be repurchased. The Repurchase Price will be determined through a reverse book-building ("Dutch auction").

The Buy-Back Offer is being carried out for cash management purposes and the Company intends to buy back a minimum of USD 50 million in nominal value of Bonds.

The Buy-Back Offer will commence on 18 March 2016 and will expire on 22 March 2016 at 16:00 CET. Prior to 09:00 CET on 23 March 2016, the Company will determine the Repurchase Price and consequently the total amount of Bonds to be purchased.

The Company may, in its sole discretion, waive, amend, extend, accelerate, terminate or withdraw the Buy-Back Offer at any time. Information regarding any such amendments will be published under the Issuer's ticker on www.newsweb.no, the information service of the Oslo Stock Exchange, and www.stamdata.no, the information service of the bond trustee for the Bonds, Nordic Trustee ASA. Cash settlement for the Bonds, including accrued interest, is expected to occur on 30 March 2016.

The Company will only accept offers from a bondholder or beneficial owner of the Bonds (or any person acting as agent, custodian, fiduciary or in another intermediary capacity for a bondholder or beneficial owner) who is not a U.S. person (as such term is defined pursuant to Regulation S under the US Securities Act of 1933, as amended (the "Securities Act")) and who is outside the United States.

The Company has retained DNB Markets and Pareto Securities as brokers to manage the Buy-Back Offer. Eligible bondholders may provide offers for sale of all or a portion of their Bonds through submission of the bondholders offer form (the "Bondholders Offer Form") by e-mail to [email protected] or [email protected].

(Source: Genel Energy)