Central Bank announces launch of government bonds worth 1.5 trillion dinars middle of this month
Central Bank announces launch of government bonds worth 1.5 trillion dinars middle of this month
Mon, April 11, 2016 09:34
BAGHDAD / Baghdadi News / .. central bank announced on Monday the launch of government bonds worth 1.5 trillion dinars middle of this month, indicating that these bonds can be traded in the market, buying and selling.
The bank said in a statement received / Baghdadi News / copy of it, that “the bank will launch national bonds in Iraqi dinars on behalf of the Ministry of Finance in nominal terms on the 15th of this month and ends on the fourth of April next year,” indicating that “Asdarih will be of five categories namely 100,000 thousand dinars and 250,000 thousand dinars and 500,000 thousand dinars and one million dinars and five million dinars, “noting that” government bonds worth 1.5 trillion dinars middle of this month, “adding that” the bonds will be sold at a discount of 8% per year, payable by the Ministry of Finance on 14 March 2018 “.
The statement added that “can banks and all citizens to submit their applications to buy into the bank directly,” he said. “These bonds can be used as collateral for loans, facilities or any transactions require guarantees, as can be traded in the market, buying and selling” .anthy 21 / T
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