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Saturday 5 September 2015 | 06:35
Iraq is preparing to sell bonds in euros to obtain cash financing
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Iraq is preparing to sell bonds in euros to obtain cash financing
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/..tstad Baghdad and the Iraqi government during the period preceding the Labor Day holiday in the United States, which coincides with the 7 of this month to start marketing to sell bonds worth euro US and international markets to obtain cash financing.
According to the news report by "Irak Basnzs News" and translated"appointed Iraq News," that the banks "City Krupp, the Bank of the Netherlands, and JP Morgan" will be the main source of Iraqi bonds expected to sell and which will be unsecured by source statement on.
He said the site "that the material yield, which he hopes Iraq collected a consequence of the sale of the bonds will be $ 6 billion to cover the shortfall in the projected budget next year, comes this release to be the first in almost a decade, was the last international items Iraq has issued in 2006.anthy 5.
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