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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


    In cooperation with the Central Bank, Finance makes reconstruction bonds available for sale to citiz

    Rocky
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    Bank - In cooperation with the Central Bank, Finance makes reconstruction bonds available for sale to citiz Empty In cooperation with the Central Bank, Finance makes reconstruction bonds available for sale to citiz

    Post by Rocky Mon 15 Jan 2024, 5:15 am

    In cooperation with the Central Bank, Finance makes reconstruction bonds available for sale to citizens

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    Economy News - Baghdad
     
    [rtl]The Ministry of Finance announced today, Monday, the continuation of making the third issuance of reconstruction bonds available for sale to citizens, in cooperation with the Central Bank of Iraq, while setting a deadline for selling the bonds.[/rtl]
     
    [rtl]The Ministry stated, in a statement received by Al-Iqtisad News, that “in implementation of the paragraphs of the government program related to enhancing the development and investment aspects represented by the reconstruction and construction movement, in addition to developing financial and monetary policies and providing opportunities for citizens to contribute to the overall economic activity through investment in bonds, the Ministry’s Public Debt Department announced And, in cooperation with the Central Bank, to continue making the third issuance (reconstruction bonds) available for sale to citizens.[/rtl]
    [rtl]She added, "Sales will be available until January 30, 2024."[/rtl]
     
    [rtl]The statement indicated, “The new issuance, worth 2 trillion Iraqi dinars, is tradable on the Iraqi Stock Exchange, and will be available in the form of two categories, the first at a price of 500 thousand dinars, with an annual interest of 6%, for a period of two years.”[/rtl]
     
    [rtl]As for the second, “it is priced at one million dinars, with an annual interest rate of 8% for a period of 4 years,” according to the statement.[/rtl]
     
    [rtl]She stated, “Purchasing and trading of the bonds offered are exempt from taxes, according to what is stated in the General Federal Budget Law No. 13 of 2023.”[/rtl]
    [rtl]She pointed out that “these bonds are issued with a guarantee from the Ministry of Finance, and the bond can be purchased by submitting an application to one of the official banks licensed and registered with the Central Bank.”[/rtl]
     
    [rtl]The Ministry called on investors and citizens to “take advantage of the offer and take the initiative to benefit from this investment opportunity.”[/rtl]


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