After the Tigris .. Euphrates another sovereign international support for Iraq in the global capital market
After the Tigris .. Euphrates another sovereign international support for Iraq in the global capital market
2017/8/5 17:04
{Iraq: Al-Furat News} Iraq issued an external sovereign bond in the name of {Euphrates} in the global capital market after the first bond in the name of {Tigris}.
A statement by the Prime Minister’s Advisor for Financial Affairs, the appearance of Mohammed Saleh received the agency {Euphrates News} a copy of it today, “Iraq issued on Wednesday, 2 August 2017 an international sovereign bond bearing the name of {Euphrates} the duration of the bond is 5 years and the interest rate is 6.75% six months “.
Saleh added, “Sindh was classified by Fitch for credit rating B, and the number of international investment companies that submitted for the purchase and competed with about 350 global investment companies with investment facts more than $ 12 trillion and have applied for the purchase of Sword Euphrates approached $ 6 trillion oversubscribed, including the Abu Dhabi Investment Fund, the Arab Monetary Fund and the California Education Fund, one of the wealthiest funds in the US West Coast and the world. ”
He said ”
alforatnews.com