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Auction of the Ministry of Finance for the sale of treasury transfers of order
July 7, 2014
The Ministry of Finance said on Monday an auction for the sale of treasury transfers for 364 days at $ 500 billion dinars.
A source in the ministry said the auction is the sixth this year and the third of its kind, which is the sale of treasury transfers to government agencies such as banks and pension Authority and the Ministry of Labour, adding that the maturity date will be in the seventh month of July next year.
Based on the public debt law, which authorized the Ministry of Finance issued treasury transfers guaranteed by the government, the Central Bank of Iraq as an agent for the financial management of the Ministry of Finance auctions treasury transfers on behalf of the ministry for the purposes of government funding.
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July 7, 2014
The Ministry of Finance said on Monday an auction for the sale of treasury transfers for 364 days at $ 500 billion dinars.
A source in the ministry said the auction is the sixth this year and the third of its kind, which is the sale of treasury transfers to government agencies such as banks and pension Authority and the Ministry of Labour, adding that the maturity date will be in the seventh month of July next year.
Based on the public debt law, which authorized the Ministry of Finance issued treasury transfers guaranteed by the government, the Central Bank of Iraq as an agent for the financial management of the Ministry of Finance auctions treasury transfers on behalf of the ministry for the purposes of government funding.
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