Falling Iraqi sovereign bonds against the background of the assassination of Engineer and Soleimani
Falling Iraqi sovereign bonds against the background of the assassination of Engineer and Soleimani
01:29 – 03/01/2020
Baghdad – Mawazine News
The Iraqi dollar-denominated sovereign bonds fell about one cent on Friday, after an American air strike that killed the deputy head of the Popular Mobilization Committee, Abu Mahdi al-Muhandis, and the commander of the Iranian Quds Force, Qasim Soleimani, at Baghdad airport, in a sharp escalation of tensions throughout the region. .
And Iraq’s outstanding bonds in 2023 recorded the biggest decline, according to Reuters, as it fell 1.075 cents in the dollar to be traded at 101.55 cents. And the version of 2028 fell 0.8 cents to 96.78 cents.
Both versions are trading at their lowest levels since mid-December, according to Refinitiv data. Ended 6/29 N
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