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Iraq Abandons Govt Bond Issue
October 12, 2015
Reuters quotes Iraqi Deputy Finance Minister Fathil Nabi as saying that Iraq has abandoned its plan to issue international bonds because the yield it would have to pay was too high.
The required return on the bonds reportedly forced Finance minister Hoshiyar Zebari (pictured) to halt the plan to raise up to $6 billion to support the Iraqi budget.
(Source: Reuters)
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October 12, 2015
Reuters quotes Iraqi Deputy Finance Minister Fathil Nabi as saying that Iraq has abandoned its plan to issue international bonds because the yield it would have to pay was too high.
The required return on the bonds reportedly forced Finance minister Hoshiyar Zebari (pictured) to halt the plan to raise up to $6 billion to support the Iraqi budget.
(Source: Reuters)
[You must be registered and logged in to see this link.]
