Iraq intends to issue international bonds two billion dollars in 2016
Iraq intends to issue international bonds two billion dollars in 2016
Wednesday, November 18, 2015 19:02
Baghdad / follow-up Baghdadiya News / .. announced the Governor of the Central Bank of Iraq on the Keywords, on Wednesday, Iraq’s intention to international bond issue two billion dollars in 2016 to guarantee from the World Bank for up to half that amount.
Keywords and said in comments carried by “Reuters” remarks seen by / Baghdadi News /, “The value will amount to two billion dollars but the (World Bank) will include the transfer of 40 or 50 percent, and will open more market wider to attract more investors and make it,” he said, adding that the government placed bonds in their accounts for the next year’s budget deficit to finance the estimated $ 21 billion in size budget of about $ 95 billion. ”
“It is expected that the new bond yields” a lot less “than 11.5 percent of the revenue that investors request during a promotional tour in Europe and the US Altdh.anthy 21 / l
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