In Memory of Bondlady

WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE


You are not connected. Please login or register

Keywords confirms the intention of Iraq to issue international bonds to ensure the World Bank to half the amount

View previous topic View next topic Go down  Message [Page 1 of 1]

Rocky


MEMBER
MEMBER
Keywords confirms the intention of Iraq to issue international bonds to ensure the World Bank to half the amount



November 18, 2015



Our economy / Baghdad
The governor of the Iraqi Central Bank on the Keywords Iraq's intention to issue international bonds two billion dollars in 2016 to guarantee from the World Bank for up to half the amount.
Keywords and said in comments carried by Reuters statements and pursued agency our economy news "value will amount to two billion dollars but the (World Bank) will ensure, say 40 or 50 percent .. will open that market more - make it wider - to attract more investors," he said, adding that the government placed bonds in their accounts for next year's budget deficit to finance the estimated $ 21 billion in size budget of about $ 95 billion.
Keywords predicted to be 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 United States.
Iraq and appointed three major international banks to arrange the release are Citigroup, Deutsche Bank, JP Morgan Chase, but many institutional investors were reluctant because of the risks.


[You must be registered and logged in to see this link.]

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum