DINAR REVALUATION

Friday, April 5, 2024

Finance Announces The Offering Of A New Issue Of Government Bonds For Public Subscription, 5 APRIL

Finance Announces The Offering Of A New Issue Of Government Bonds For Public Subscription

Thursday 04, April 2024 Economical Number of readings: 251 Baghdad / NINA / The Ministry of Finance announced, today, Thursday, the offering of a new issue of government bonds for public subscription.

A statement from the ministry stated, “The Public Debt Department in the Ministry of Finance, in cooperation with the Central Bank of Iraq, announced the offering of a new issue of government bonds for public subscription under the name Enjaz Bonds,” indicating that “Type of bonds: government bonds denominated in the Iraqi dinar.”

The statement explained, “The categories offered are:

- A bond in the category of (500,000) dinars, for a period of two years, with an annual interest of 6.5%, paid every six months.

- A bond in the category of (1) million dinars, for a period of 4 years, with an annual interest of 8.5%, paid every six months.”

He continued, “Subscription date: period from April 15 to May 15, 2024,” explaining that “the method of subscription is that purchase applications are submitted to one of the bank branches approved by the Central Bank of Iraq, accompanied by the original identification documents, and after that the bank sends the application with the purchase amount.”

To the Central Bank via the RTGS electronic payment system on the same day of purchase, and in return, the buyer will receive a receipt for the purchase amount he paid until the bond is prepared, and after a period not exceeding a week, the buyer brings the receipt to the same bank to receive the bond.”

According to the statement, the ministry called on “all citizens, investors and companies to participate in subscribing to this issuance of government bonds,” noting that “the bonds offered are tradable on the Iraqi Stock Exchange.”

She pointed out that “the advantages of subscribing to government bonds are:

Guaranteed return: The government is committed to paying the annual interest and the value of the bond when it matures.

Safe investment: Government bonds are considered one of the safest investments, as investors enjoy the government’s guarantee.

Contribution to the development of the national economy: The subscription funds contribute to Financing economic development projects and achieving financial stability in the country.”/End 2

https://ninanews.com/Website/News/Details?key=1119462

"RV UPDATE" BY MILITIAMAN, 5 APRIL

Militia Man

Raising the value of your currency is going to help make it easier for sustainable development and deducing the phenomenon of cash.

In other words if you have a 1 to 1 ratio you have a significant reduction in cash do you not? I think you do. If it was at a previous era, for instance...$2.80, $3.22..wouldn't that be a phenomenon of less cash in the economy? Of course it would.

IMO you're not going to see the Oil and Gas Law until you see an exchange rate change. They're going to have to have asset valuation for that and we have not seen anything other than 1310...

Article: "The United States has closed the account through with the Iraq collects revenue from its oil sales"

The DFI fund was closed on March 18th...Big change. We have not seen this before. Is it a smoking gun? ...If they were going to stop an account that had protection for all their oil money and they just now relinquished a couple weeks ago I think that's pretty big...They must have felt comfortable in a sense they could handle recourse on that debt...I'll tell you this, if they change the value from 1310 to a previous era, it'll become a lot cheaper to pay off their debts...

Iraqi Dinar ✅RV Update IRAQ Finally Did It ✅Officiate at WOW IQD Done ✅L...

Iraqi Dinar 🔥 WOW! Waited So Long to Hear thise🔥 Guru Updates And Lates...

Finance announces the launch of a new issue of government bonds for public subscription, 5 APRIL

Finance announces the launch of a new issue of government bonds for public subscription

● Version details:

Bond type: Government bonds denominated in Iraqi dinars.

● Categories offered:

- A bond denomination of (500,000) thousand dinars, with a maturity of two years, with an annual interest of 6.5%, paid every six months.

- A bond denomination of (1) million dinars, for a period of 4 years, with an annual interest of 8.5%, paid every six months.

● Subscription date: period from April 15, 2024 to May 15, 2024.

● Subscription method: Purchase applications are submitted to one of the bank branches approved by the Central Bank of Iraq, accompanied by the original identification documents. The bank then sends the application with the purchase amount to the Central Bank via the RTGS electronic payments system on the same day of purchase. In return, the buyer will receive a receipt for the purchase amount he paid until the bond is prepared, and after a period not exceeding a week, the buyer brings the receipt to the same bank to receive the bond.

● We invite all citizens, investors and companies to participate by subscribing to this issue of government bonds.

● The bonds offered are tradable on the Iraq Stock Exchange.

● Advantages of subscribing to government bonds:

Guaranteed return: The government is committed to paying the annual interest and the value of the bond when it matures.

Safe investment: Government bonds are considered one of the safest investments, as investors enjoy the government's guarantee.

Contribution to the development of the national economy: The subscription funds contribute to financing economic development projects and achieving financial stability in the country. link

"RV UPDATE" BY NADER FROM MID EAST, 5 APRIL

Nader From The Mid East

In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire.

No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States...have to say yes you can do it or not...The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq.

Article quote: "The Iraqi government and the Central Bank are dissatisfied with the nature of the US treasury's dealings with Iraqi banks...There is an effort to lift the sanctions..." They need to take off the sanctions of Iraq IQD.

A lot of good news come out yesterday and I'm very happy...You know what? I'm excited. I'm very excited what's happening.

Article: "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..."

Very good news, IQD decreasing. Wow.

The RV will not happen if no one declares the end of the war...we still on war. In December 2021 they took troops out... but they never declared the end of the war...and they never took out the international coalition.

For everything to happen they have to declare the end of the war. The international coalition have to be out of there. The soldiers of United States have to be out of there. Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-nader-from-mid-east-27-feb.html