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Abadi: Iraq sold treasury bonds without any external support
Prime Minister Haidar al-Abadi said on Tuesday that Iraq has for the first time sold treasury bonds without any external support.
“Iraq has issued a billion-dollar treasury bonds a few days ago without any external support,” Abbadi said at the weekly press conference. “The demand for Iraqi bonds is very large, although interest is 6.7 percent.”
He explained that “Iraq launched two years ago treasury bonds to support its budget, but the requests were weak and the interest rate is very high 11.5%,” noting that “the government is working to provide an environment conducive to investment.”
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Prime Minister Haidar al-Abadi said on Tuesday that Iraq has for the first time sold treasury bonds without any external support.
“Iraq has issued a billion-dollar treasury bonds a few days ago without any external support,” Abbadi said at the weekly press conference. “The demand for Iraqi bonds is very large, although interest is 6.7 percent.”
He explained that “Iraq launched two years ago treasury bonds to support its budget, but the requests were weak and the interest rate is very high 11.5%,” noting that “the government is working to provide an environment conducive to investment.”
[You must be registered and logged in to see this link.]
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