the Iraqi Central Bank announced its intention to launch bonds in favor of the Ministry of Finance worth two billion dollars.
According to a statement of the bank today that he "will ask the delivery term bonds in dollars to the bearer on behalf of the Ministry of Finance from the second of next August to 31 of the same month," adding that "Asdarih will be four in 2500 and 10 050 الف and 100 thousand dollars categories and the total amount of two billion dollars. "
He added that he "will sell that amount in Iraqi dinars and the price of 1095 dinars per dollar and payable by the Ministry of Finance on December 31 2016 to be paid in dollars at maturity."
The crisis cell headed by Prime Minister Haider al-Abadi, decided at its meeting In 15 of July of this start issuing remittances treasury during the remaining months of this year and launch a national bonds to the public and government guarantees and benefits appropriate, in order to enhance the financial position and activate the economy and development movement in the country. "
As Finance Minister Hoshyar Zebari said on 22 June last Iraq He hoped to meet with investors at the end of July Garaard plans on the issuance value of five billion dollars "bonds, stressing that" Iraq has begun promoting these bonds abroad. "
The much-need for government liquidity as expects a deficit of about $ 25 billion this year in size budget of about $ 100 billion .anthy
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