Al-Rasheed Launches The Second Tranche Of Emaar Bonds.
Economy | 08/12/2025 Mawazin News - Baghdad: Al-Rasheed Bank announced the release of payments for the second issuance of Reconstruction Bonds. A statement from the bank indicated that "the disbursement of payments for the second issuance of Reconstruction Bonds (500,000 Iraqi Dinars) has commenced, along with the fourth and final semi-annual interest payment for the one million Iraqi Dinar bonds mentioned above."
The bank urged all bondholders to "visit their respective branches to receive their payments," emphasizing its "continued commitment to fulfilling its obligations to bondholders." https://www.mawazin.net/Details.aspx?jimare=271330
Omar emphasizes: “They have NEVER talked about the exchange rate in the Gazette… ever.”
Frank: Confirms this is unprecedented and extremely powerful — showing the monetary reform narrative is now being presented directly to Iraqi citizens.
⏳ Frank26’s Big Signal: December 2025
Frank says the consistent buildup, transparency, and education all point toward December 2025 becoming increasingly obvious in their reform timeline.
⚡ BOTTOM LINE
The Iraqi Gazette — for the first time in its history — is now openly discussing exchange-rate frameworks and CBI plans. Frank26 considers this a major breakthrough in the monetary reform communication cycle, suggesting that Iraq is preparing citizens for a significant transition.
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OMAR: Reuters reported a source in the Trump administration said on TV in light of what we have invested in Iraq in terms of national wealth and American lives we have lost, we expect there to be a significant return on this investment.
FRANK: Damn right, Trump. Damn right
OMAR: The monetary reform education to us every day explains something new to us...the latest edition of the Gazette has introduced the new official steps concerning the Iraqi dinar exchange rate. They have set final rules that could significantly impact currency holders...
FRANK: As the sand turns and pours in Iraq, the Gazette is now also talking...I'm looking for Sudani to give us what I call "the second article"...To me, the Gazette, what you just told me, that's the second article I want...The Gazette is laying out the rules of engagement...
OMAR: Sudani's speech, in there he said the next regime will have a managed float and then he talked about it.
FRANK: There's just no end to the many ways they're telling them that they're about to get their purchasing power and it's probably because it's so close. And it's also because Sudani wants to keep face. He made a promise. But also everybody knows we're there...
OMAR: The Iraqi Gazette recently mentioned the Central Bank of Iraq is reviewing economic conditions and discussing potential adjustments to the exchange rate...The situation is being monitored closely and any updates will be announced...They never have talked about the exchange rate in the Gazette. Never have they ever done anything like this before.
FRANK: That is so true. They have never talked about it before. The fact the gazette is now involved in Asraflak, the monetary reform education to you Iraqi citizens is beyond powerful...This is the media not controlled by the Iranian politicians...The fact they are talking about your currency, monetary reform and the exchange rate, it's another wonderful piece of evidence...Everyday it becomes more and more obvious about the month of December 2025.
Al-Rafidain: More Than 15 Billion Dinars Recovered In One Month
Time: 2025/12/08 Readings: 75 times {Economic: Al-Furat News} Al-Rafidain Bank announced today, Monday, that it has recorded an exceptional collection performance in the file of recovering non-performing loans, after its success in recovering more than 15.5 billion dinars from the amounts of borrowers who failed to pay during the past month of November.
The bank's media office confirmed in a statement, a copy of which was received by Al-Furat News, that: "The intensive collection efforts carried out by the departments and branches within the approved work plan resulted in the recovery of 15,516,565,628 dinars of accumulated debts," indicating that "the bank continues to implement collection campaigns and field and administrative follow-up at an increasing pace to ensure the protection of the bank's funds and enhance financial discipline."
The bank called on all defaulters to "visit its branches in Baghdad and the provinces to complete the financial settlement procedures and update their credit positions," stressing "the continuation of taking legal and regulatory measures against those who refuse to pay, including applying the law on collecting state funds and imposing the stipulated late payment penalties."
The bank stated that "this achievement comes within the framework of Rafidain's policy aimed at enhancing the efficiency of debt management, developing credit discipline, and ensuring the sustainability of liquidity and the quality of banking services provided to citizens." LINK
📊 Militia Man: Iraq’s Strong Fundamentals Hint at a Real Value Shift
Militia Man notes that Iraq is not announcing anything directly, but is quietly revealing strong indicators:
$112–$116 billion in reserves
171 tons of gold backing the currency
Implementation of the ASYCUDA system, reducing 60% of past corruption
Increased efficiency sends more funds back into the treasury, supporting a stronger Real Effective Exchange Rate (REER)
Alaq and Iraq’s coordination with Bank of England & BIS is a subtle but powerful “quiet tell”
⚡ Bottom Line
All voices agree on one thing: the end-of-year window is unusually active, with Iraq signaling major structural readiness. But as always, no public timing is confirmed.
Wolverine [via Judy Byington] Wolvie says he will be fully under NDA in a few days... Redemption Centers are ready for December/ January intake. The current window, as people focus on the holidays, is ideal...
MarkZ Question: Supposedly CBI Alak said rate of 1310 exists through December 30/31. Have you heard the same?Does this mean we wait until then? MarkZ: Nobody knows the timing but Alak has mentioned for some reason that date and the rate a lot. There is a lot coming together in Iraq on New Year's Eve. Does not mean it cannot go before then.
Comment: ...On Iraqi news Alak & Sudani both stating 1310 only good through the 12/31. RV on 1-1. 6-12 months to exchange. MarkZ: Nobody knows the timing - but, Alaq has mentioned that date and a rate a lot. There is a lot coming together in Iraq on New Years Eve. But this does not mean it can’t go before then.
Militia Man We can see Iraq is executing... because...they have $112/$116 billion in reserves. They have 171 tons of gold. They're telling you all those things that supports the value of their currency. They have the new ASYCUDA system...60% of the corruption has been alleviated. That's all about money...going back into their treasury. All of that support the real effective exchange rate. It's that 'Quiet tell' just like the Bank of International Settlements and Alaq going to the Bank of England getting the nod for that, then the application for it...They're not blatantly saying, 'Hey, we're going to come out at X and we're going to do something', but they're tying it in...
Advisor To The Prime Minister: Iraq's Reserves Protect The Dinar From Current Fluctuations
Time: 2025/12/07 Readings: 135 times {Economic: Al-Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that there is no direct link in the short term between current financial developments and monetary stability. Saleh told Al-Furat News Agency that: “The monetary authority still has sufficient foreign reserves that enable it to protect macroeconomic stability and finance the deficit in the current account of the balance of payments.”
He added, "These reserves have high efficiency standards that ensure the Central Bank's continued ability to enforce discipline in the money market, particularly in
the exchange market, in order to maintain the stability of the currency's value and the movement of external liquidity." Saleh affirmed that "the monetary fundamentals remain strong and capable of absorbing any potential fluctuations." LINK