Central Bank raises treasury bonds worth $ 1.2 billion


History of edits:: 03/10/2016 21:2695 visits readable
[Oan- Baghdad] the
Iraqi Central Bank announced that it intends to sell $ 1.5 trillion dinars [$ 1.27 billion of government bonds for two years as part of efforts to bridge the budget deficit resulting from the erosion of oil prices and the costs of the war against al Daash.
A media relations official at the central bank captivating Jabbar The version will be the first launch of its kind to go public since 2003, the first tranche of a plan to sell worth five trillion dinars bonds announced in January.
Iraq has already issued treasury bills to local banks and has a Eurobond List . the
bank said in an emailed statement that the new version an interest rate of six percent will be sold to the public andlocal banks in the period from March 15 to April 15 April.

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