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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Al-Rafidain launches reconstruction bonds for citizens: with an interest rate of up to 8%

    Rocky
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    Al-Rafidain launches reconstruction bonds for citizens: with an interest rate of up to 8% Empty Al-Rafidain launches reconstruction bonds for citizens: with an interest rate of up to 8%

    Post by Rocky Thu 19 Oct 2023, 2:18 pm

    Al-Rafidain launches reconstruction bonds for citizens: with an interest rate of up to 8%
    [You must be registered and logged in to see this link.] |Today
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    Baghdad Today - Baghdad
    Rafidain Bank announced, this evening, Thursday (October 19, 2023), that it will begin issuing reconstruction bonds to citizens with an interest rate of up to 8 percent.
    The bank's media office said in a statement received by "Baghdad Today", that "based on the instructions of the Ministry of Finance and the Central Bank of Iraq, Rafidain Bank announces the commencement of issuing (Emaar) bonds and making them available to citizens, starting from 10/10/2023 until 11/9/2023." .
    The statement explained that the bonds are in two categories: “The first is a bond of 500 thousand dinars, with an annual interest of 6 percent, paid every six months for a period of two years, and the other category is a bond of one million dinars, with an annual interest of 8 percent, paid every six months for a period of four years.”
    The bank confirmed that “the person wishing to purchase bonds must submit a direct request to the bank, bringing with him the original identification documents. The buyer is also given a receipt by the bank in exchange for the amount he paid to purchase the bond, where he keeps it until the bond is prepared, and the buyer brings the aforementioned receipt to the bank.” The bank will receive the bond after it is prepared.”
    He explained, "Bonds are traded in the stock market, buying and selling. In addition, the bond's statute of limitations is 10 years after maturity, and then it is transferred to the Ministry of Finance."
    The bank noted, “Purchasing and trading the offered bonds (construction bonds) is exempt from taxes, according to what is stated in Federal Budget Law No. 13 of 2023.”
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    Al-Rafidain launches reconstruction bonds for citizens: with an interest rate of up to 8% Empty Rafidain Bank begins issuing reconstruction bonds to citizens

    Post by Rocky Thu 19 Oct 2023, 2:29 pm

    Rafidain Bank begins issuing reconstruction bonds to citizens
    • Time: 10/19/2023 20:54:14
       
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    {Economic: Al-Furat News} Al-Rafidain Bank announced the direct issuance of reconstruction bonds to citizens at different interest rates.
    His statement, a copy of which was received by {Al-Furat News}, stated that “based on the instructions of the Ministry of Finance and the Central Bank of Iraq, the Rafidain Bank announces the commencement of issuing (Emaar) bonds and making them available to citizens, starting from 10/10/2023 until 11/9/2023.”
    He stated that "the bonds are in two categories. The first is a 500,000 dinar bond, with an annual interest of 6 percent, paid every six months for a period of two years, and the other category is a bond of one million dinars, with an annual interest of 8 percent, paid every six months for a period of four years."

    The statement continued, "The person wishing to purchase bonds must submit a direct request to the bank, bringing with him the original identification documents. The buyer is also given a receipt by the bank in exchange for the amount he paid to purchase the bond, where he keeps it until the bond is prepared, and the buyer brings the aforementioned receipt to the bank." To receive the bond after its preparation.
    He stated, "Bonds are traded in the stock market, buying and selling. In addition, the bond's statute of limitations is 10 years after maturity, and then it is transferred to the Ministry of Finance." Pointing out that “purchasing and trading the offered bonds (construction bonds) are exempt from taxes according to what is stated in Federal Budget Law No. 13 of 2023.”

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