Rashid Bank announces extension of sale of national bonds to citizens
Rashid Bank announces extension of sale of national bonds to citizens
5-22-2025
Information/Baghdad
Rashid Bank announced today, Thursday, the extension of the sale of national bonds to citizens.
The bank stated in a statement received by Al-Maalouma that, “Based on directives from the Central Bank of Iraq and the Ministry of Finance, it has been decided to extend the period for selling national bonds until June 3, 2025.”
He added, “This comes in response to the continued demand from citizens to purchase these bonds,” noting that “this extension represents an additional opportunity for those wishing to invest their money in safe and profitable financial instruments.”
The bank indicated that the details of the available bonds are as follows:
1. A bond worth 500,000 Iraqi dinars:
Annual interest: 8%
Investment period: two years
Interest payment: every six months
2. A bond worth 1,000,000 Iraqi dinars:
Annual interest: 10%
Investment period: four years
Interest payment: every six months
He called on “citizens wishing to purchase these bonds to visit the branches of Rashid Bank spread across Baghdad and the governorates,” noting that “these bonds represent an investment opportunity that provides a fixed and secure income and contributes to supporting the national economy by financing construction and development projects.”
almaalomah.me
