A Movement To List Government Bonds In The Markets, 29 FEB

 A Movement To List Government Bonds In The Markets, 29 FEB

Market  Economy News – Baghdad  On Monday, the Iraqi Securities Commission explained the importance of government bonds, stressing that they provide financial liquidity for investment projects, while indicating that there is a movement from the Central Bank to list government bonds in the markets.

The Chairman of the Authority, Faisal Al-Haims, said in a statement reported by the official news agency and seen by Al-Iqtisad News, that “three issues of government bonds were issued, as the first and second issues were launched, and now there is the third issue.” He pointed out,

"There are requests from the Central Bank of Iraq to list these bonds on the market," indicating that

"those bonds are debt securities owed by the Iraqi government, in exchange for interest given to the owner of this bond."

 He stressed, "This measure will provide financial liquidity for the investment projects launched by the Prime Minister and his government," suggesting that  they "will be crowned with goodness and success for the Iraqis."

Government bonds are a type of debt-based investment, where you lend money to the government in exchange for an agreed interest rate.

Governments use them to raise money that can be spent on infrastructure or new projects, and

investors can use them to obtain set returns that are paid at regular intervals.

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