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Finance issues bonds under the name (reconstruction bonds) and makes them available for sale to citizens
- Time: 2023/10/06 19:11:49
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{Economic: Al-Furat News} The Ministry of Finance/Public Debt Department, in cooperation with the Central Bank of Iraq, announced the availability of bonds for sale to citizens in the name of reconstruction bonds, for the period from October 10 to November 9, 2023.
Finance stated that {Al-Furat News} received a copy of it, “The first issuance of bonds worth a trillion and a half Iraqi dinars is negotiable in the Iraq Stock Exchange, and will be available in the form of two denominations {the first at a price of 500 thousand dinars with an annual interest of 6% for two years, and the second at a price of one million dinars with interest.” Annual rate of 8% for 4 years}.
He pointed out that “purchasing and trading the bonds offered are exempt from taxes according to what is stated in the General Federal Budget Law No. 13 of 2023, and citizens can apply for purchase exclusively through approved banks registered with the Central Bank of Iraq.”
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{Economic: Al-Furat News} The Ministry of Finance/Public Debt Department, in cooperation with the Central Bank of Iraq, announced the availability of bonds for sale to citizens in the name of reconstruction bonds, for the period from October 10 to November 9, 2023.
Finance stated that {Al-Furat News} received a copy of it, “The first issuance of bonds worth a trillion and a half Iraqi dinars is negotiable in the Iraq Stock Exchange, and will be available in the form of two denominations {the first at a price of 500 thousand dinars with an annual interest of 6% for two years, and the second at a price of one million dinars with interest.” Annual rate of 8% for 4 years}.
He pointed out that “purchasing and trading the bonds offered are exempt from taxes according to what is stated in the General Federal Budget Law No. 13 of 2023, and citizens can apply for purchase exclusively through approved banks registered with the Central Bank of Iraq.”
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