Economy News Baghdad:
An Iraqi government official said on Saturday that Iraqi bonds would be offered on the Irish stock market at a rate of 6.752 percent a year.
The source, who preferred not to be named for the “Economy News”, that “based on the law of the general budget for 2017, including the issuance of foreign bonds worth one billion dollars and with the approval of the Council of Ministers has been successful issuance of Iraqi international bonds in the global financial market for five and a half years and a benefit of 6.752 Annually. “
“Citibank, Deutsche Bank and JPMorgan, as well as the Iraqi Trade Bank as the issuing manager, have made the technical arrangements for issuing these bonds,” he added.
“Bonds will be listed this year on the Irish stock market and are tradable in emerging markets.”