Thursday, July 25, 2024

"ABOUT THE NATIONAL BONDS ISSUED BY IRAQ" BY GOLDILOCKS, 25 JULY

GOLDILOCKS 

Due to the great demand for trading in national bonds ( Achievement Bonds / First Issue ) and based on the request of the Ministry of Finance, this bank will offer ( Achievement Bonds / Second Issue ) on behalf of the aforementioned ministry and for an amount of ( 1,500,000,000,000 ) Iraqi dinars ( one trillion and five hundred billion Iraqi dinars)"


Iraq has not sold National Bonds since 2003. National Bonds increase liquidity for a Government's infrastructure. 


This move will encourage the involvement of their private sector. It will engage the people of their country to invest in secured bonds backed by their own government. 


National Bonds will enable the growth of Iraq's community through investing in what provides that growth. 


© Goldilocks 


https://cbi.iq/news/view/2620


https://www.reuters.com/article/markets/iraq-to-sell-local-bonds-to-public-for-first-time-since-2003-finance-minister-idUSL8N15546D/

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