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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

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    Al-Rafidain launches the second issuance of Emaar bonds

    Rocky
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    • Post n°1

    Al-Rafidain launches the second issuance of Emaar bonds Empty Al-Rafidain launches the second issuance of Emaar bonds

    Post by Rocky Wed Dec 06, 2023 3:47 pm

    [size=35][size=35]Al-Rafidain launches the second issuance of Emaar bonds[/size]
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    2023-12-06 | 10:30
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    Today, Wednesday, Rafidain Bank announced the launch of the second issuance of reconstruction bonds for citizens.


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    A statement from the bank, received by Al-Sumaria News, stated, “In accordance with the directives of the [url=https://www.alsumaria.tv/Entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url] and the [url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url], Al --[url=https://www.alsumaria.tv/Entity/2821242527/%D9%85%D8%B5%D8%B1%D9%81 %D8%A7%D9%84%D8%B1%D8%A7%D9%81%D8%AF%D9%8A%D9%86/ar/]Rafidain Bank[/url] announces the offering of the second issuance of reconstruction bonds to citizens and with the same mechanism previous to the first issuance,” stressing that “the availability of bonds for sale begins from the date of 11/28/ 2023 until 12/28/2023, to be in two denominations: the first is a 500,000 dinar bond with an annual interest of 6 percent, payable every six months for a period of two years, and the second is a 1,000,000 dinar bond with an annual interest of 8 percent, paid every six months for a period of four years.”



    The bank indicated, “The person wishing to purchase bonds must submit a direct request to the bank, bringing with him the original identification documents, explaining that the buyer will be given a receipt by the bank in exchange for the amount he paid to purchase the bond, as the buyer keeps this receipt until the bond is prepared and the buyer By bringing the aforementioned receipt to the bank to receive the bond after preparing it.”

    He concluded, “Bond trading takes place 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 [url=https://www.alsumaria.tv/Entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url],” pointing out that buying and trading the bonds offered ([You must be registered and logged in to see this link.] bonds) are exempt from taxes according to what is stated in the law. Federal Budget No. 13 of 2023.”
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    Rocky
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    • Post n°2

    Al-Rafidain launches the second issuance of Emaar bonds Empty Rafidain Bank announces the launch of the second issuance of Emaar bonds in two categories

    Post by Rocky Wed Dec 06, 2023 4:03 pm

    Rafidain Bank announces the launch of the second issuance of Emaar bonds in two categories
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    Baghdad Today - Baghdad
    Today, Wednesday (December 6, 2023), Rafidain Bank announced the launch of the second issuance of Emaar bonds in two categories.
    A statement from the bank received by “Baghdad Today” stated, “In accordance with the directives of the Ministry of Finance and the Central Bank of Iraq, Rafidain Bank announces the offering of the second issuance of reconstruction bonds to citizens and with the same mechanism previous to the first issuance.”
    He stressed, “The availability of bonds for sale starts from 11/28/2023 until 12/28/2023, to be in two categories:
    - A bond of 500 thousand dinars with an annual interest rate of 6 percent, paid every six months for a period of two years.
    - One million dinar bond with an annual interest rate of 8 percent, payable every six months for a period of four years.
    The bank indicates that “the person wishing to purchase bonds must submit a direct request to the bank, bringing with him the original identification documents,” explaining that “the buyer will be given a receipt by the bank in exchange for the amount he paid to purchase the bond. The buyer will keep this receipt until the bond is prepared and the buyer will By bringing the aforementioned receipt to the bank to receive the bond after preparing it.”
    He stated, "Bond trading takes place 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 of the bonds offered (Emaar bonds) is exempt from taxes, according to what was stated." Federal Budget Law No. 13 of 2023.”
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