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Proposal to launch a Government bond debt in dollars
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3/18/2015 0:00
As supporting the national economy
BAGHDAD - Mustafa al-Hashemi
Suggested economist Dr. appearance of Mohammed Saleh on the Ministry of Finance to issue Government bond debt is denominated in dollars, not dinars to contribute to the achievement of a national dividend would reduce the budget deficit ratio.
According to Wikipedia, the sovereign debt in the form of bonds, and when governments issue bonds they behave Spillane either float bonds in their own currency, which is geared toward local investors, and in this case we have a religion called government.
Or the government issuing bonds geared to investors in overseas currency other than the local currency, which are often international, such as the dollar or the euro currency.
Saleh added in a statement the "morning" that citizens trust the government much and when issuing government support and promotion at home and abroad, it is expected to deliver a high turnout of the public who are looking for an easy and low-risk investments.
He said the possibility of issuing such bonds periods of repayment period chains ranging from a one-year, 5 years and 10 years, stressing the possibility that sold in the secondary domestic and global markets at a discount, pointing to the need to be classified degree credit for receiving the admissibility more among citizens abroad or foreigners who want to buy these bonds.
He pointed out that the reason for evaluating the dollar comes to granting citizens greater confidence in achieving financial returns and encourage the acquisition because it has thus contributed to the support of the country's economy and establish a good market for borrowing and reassure the public the possibility of selling in global markets or local (banks).
[You must be registered and logged in to see this link.]
3/18/2015 0:00
As supporting the national economy
BAGHDAD - Mustafa al-Hashemi
Suggested economist Dr. appearance of Mohammed Saleh on the Ministry of Finance to issue Government bond debt is denominated in dollars, not dinars to contribute to the achievement of a national dividend would reduce the budget deficit ratio.
According to Wikipedia, the sovereign debt in the form of bonds, and when governments issue bonds they behave Spillane either float bonds in their own currency, which is geared toward local investors, and in this case we have a religion called government.
Or the government issuing bonds geared to investors in overseas currency other than the local currency, which are often international, such as the dollar or the euro currency.
Saleh added in a statement the "morning" that citizens trust the government much and when issuing government support and promotion at home and abroad, it is expected to deliver a high turnout of the public who are looking for an easy and low-risk investments.
He said the possibility of issuing such bonds periods of repayment period chains ranging from a one-year, 5 years and 10 years, stressing the possibility that sold in the secondary domestic and global markets at a discount, pointing to the need to be classified degree credit for receiving the admissibility more among citizens abroad or foreigners who want to buy these bonds.
He pointed out that the reason for evaluating the dollar comes to granting citizens greater confidence in achieving financial returns and encourage the acquisition because it has thus contributed to the support of the country's economy and establish a good market for borrowing and reassure the public the possibility of selling in global markets or local (banks).
