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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


5 posters

    Proposal to launch a Government bond debt in dollars

    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°1

    Proposal to launch a Government bond debt in dollars Empty Proposal to launch a Government bond debt in dollars

    Post by Proven Tue 17 Mar 2015, 5:03 pm

    Proposal to launch a Government bond debt in dollars


    3/18/2015 0:00

    As supporting the national economy
    BAGHDAD - Mostafa Hashemi
    suggested economist appearance of Dr. Mohammed Saleh, the Ministry of Finance to issue Government bond debt is denominated in dollars, not dinars to contribute to the achievement of a national dividend would reduce the budget deficit ratio.

    According to Wikipedia, the sovereign debt in the form of bonds, and when governments issue bonds they behave Spillane either put up their own currency bonds, which are geared toward local investors, in this case called the religion we have a government.

    or the government to issue-oriented investors in overseas currency other than the local currency bonds, which are often international, such as the dollar or currency euro.

    Saleh added in a statement the "morning" that the citizen trust much the government and when issuing government support and promotion at home and abroad, it is expected to deliver a high turnout of the public who are looking for an easy and low-risk investments.

    He said the possibility of issuing such bonds periods repay chains of time ranging from one year, 5 years and 10 years, stressing the possibility that sold in the secondary domestic and global markets at a discount, pointing to the need to be classified degree credit for receiving the admissibility more among citizens abroad or foreigners who wish to buy these bonds.

    He pointed out that the reason for evaluating the dollar comes to granting citizen's confidence to achieve greater financial returns and encourage the acquisition because it has thus contributed to the support of the country's economy and establish a good market for borrowing and reassure the public the possibility of selling in global markets or local (banks).

    [You must be registered and logged in to see this link.]
    • Back to top
    CITEX
    CITEX
    CITEX
    Insane Investor
    Insane Investor


    Posts : 889
    Join date : 2012-12-20
    Age : 56
    Location : Grapevine Texas
    • Post n°2

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by CITEX Tue 17 Mar 2015, 5:20 pm

    Ministry of Finance to issue Government bond debt is denominated in dollars

    This should keep it at the 12 billion they are talking about and not allow the bonds to go through the roof in value soon....
    • Back to top
    CITEX
    CITEX
    CITEX
    Insane Investor
    Insane Investor


    Posts : 889
    Join date : 2012-12-20
    Age : 56
    Location : Grapevine Texas
    • Post n°3

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by CITEX Tue 17 Mar 2015, 5:23 pm

    He pointed out that the reason for evaluating the dollar comes to granting citizen's confidence to achieve greater financial returns and encourage the acquisition because it has thus contributed to the support of the country's economy and establish a good market for borrowing and reassure the public the possibility of selling in global markets or local

    Not sure I buy this point either, since they are attempting to remove Dollars from the system and go to the Dinar as their main currency
    • Back to top
    Neno
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 60
    Location : Lone Star State
    • Post n°4

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by Neno Tue 17 Mar 2015, 5:33 pm

    CITEX wrote:
    He pointed out that the reason for evaluating the dollar comes to granting citizen's confidence to achieve greater financial returns and encourage the acquisition because it has thus contributed to the support of the country's economy and establish a good market for borrowing and reassure the public the possibility of selling in global markets or local

    Not sure I buy this point either, since they are attempting to remove Dollars from the system and go to the Dinar as their main currency
    Look at like this, sell the bonds in dollars before a revaluation, then payback after a revaluation. ???? (Provens theory).
    • Back to top
    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°5

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by Proven Tue 17 Mar 2015, 5:48 pm

    Neno wrote:
    CITEX wrote:
    He pointed out that the reason for evaluating the dollar comes to granting citizen's confidence to achieve greater financial returns and encourage the acquisition because it has thus contributed to the support of the country's economy and establish a good market for borrowing and reassure the public the possibility of selling in global markets or local

    Not sure I buy this point either, since they are attempting to remove Dollars from the system and go to the Dinar as their main currency
    Look at like this, sell the bonds in dollars before a revaluation, then payback after a revaluation. ???? (Proven's theory).

    Neno,  You make me laugh.  If you understand where Iraq wants to go, it is just a matter of figuring out the steps they need to take.  

    The purpose is to reduce the money supply.  Inflation in the absence of an increase in the money supply is dead.  
    • Back to top
    jedi17
    jedi17
    jedi17
    Moderator
    Moderator


    Posts : 10738
    Join date : 2013-02-20
    • Post n°6

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by jedi17 Tue 17 Mar 2015, 6:09 pm

    Governments who issue bonds are promoting a open market economy ;)
    • Back to top
    Neno
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 60
    Location : Lone Star State
    • Post n°7

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by Neno Tue 17 Mar 2015, 6:33 pm

    jedi17 wrote:Governments who issue bonds are promoting a open market economy ;)
    That too but, they have to buy them back... ;)
    • Back to top
    Neno
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 60
    Location : Lone Star State
    • Post n°8

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by Neno Tue 17 Mar 2015, 6:34 pm

    Proven wrote:
    Neno wrote:
    CITEX wrote:
    He pointed out that the reason for evaluating the dollar comes to granting citizen's confidence to achieve greater financial returns and encourage the acquisition because it has thus contributed to the support of the country's economy and establish a good market for borrowing and reassure the public the possibility of selling in global markets or local

    Not sure I buy this point either, since they are attempting to remove Dollars from the system and go to the Dinar as their main currency
    Look at like this, sell the bonds in dollars before a revaluation, then payback after a revaluation. ???? (Proven's theory).

    Neno,  You make me laugh.  If you understand where Iraq wants to go, it is just a matter of figuring out the steps they need to take.  

    The purpose is to reduce the money supply.  Inflation in the absence of an increase in the money supply is dead.  
    lol... I am laughing... 1166 for a dollar now... later just say 1 for 1... ;)
    • Back to top
    jedi17
    jedi17
    jedi17
    Moderator
    Moderator


    Posts : 10738
    Join date : 2013-02-20
    • Post n°9

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by jedi17 Tue 17 Mar 2015, 6:43 pm

    well....lets say taking in at 1166 for a bond of $1 is not bad.  They are still removing cash from Iraq and even if it were to go back out at $3, they still have removed a lot more cash from circulation...smart move on their part
    • Back to top
    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°10

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by Proven Tue 17 Mar 2015, 8:19 pm

    I find it interesting that their stated goal is to de-dollarize and yet they issue bonds that will pay in dollars. Reducing the money supply is a higher priority.  They would want to appreciate the dinar before the bonds mature.    

    If you were an Iraqi and it was announced that the dinar was going to appreciate, wouldn't you take your dollars and buy dinars.  Sorry, can't due because they bought bonds payable in dollars.  What would justify such a deception coming from their government?  They would be mad unless the dollar devalued due to outside forces, such as a derivative crisis.  Then the Iraqi government could blame it on forces outside their control.  It is the year of the shemitah.   I'm just thinking out loud.  Oh, yea.  this kind of thinking is in another thread.   :)

    [You must be registered and logged in to see this link.]

    • Back to top
    Sponsored content

    Sponsored content


    • Post n°11

    Proposal to launch a Government bond debt in dollars Empty Re: Proposal to launch a Government bond debt in dollars

    Post by Sponsored content

    • Back to top
      Current date/time is Thu 04 Jul 2024, 5:46 pm