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


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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


3 posters

    Iraq launches international version of the bonds

    lonelyintexas
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    • Post n°1

    Iraq launches international version of the bonds Empty Iraq launches international version of the bonds

    Post by lonelyintexas Wed 09 Sep 2015, 7:32 am

    Iraq launches international version of the bonds  

     

    09/09/2015 02:29

     

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    Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.

    BAGHDAD / Obelisk: banking sources said that the Iraqi government will begin a campaign Thursday to promote the first international bond issue nine years ago, in an effort to finance the budget deficit because of falling oil prices and the war against Islamic militants to organize the state Daash.

    The Reuters news agency quoted informed sources as saying that Baghdad is trying to raise up to six billion dollars in a series of versions of bonds in US dollars, but the first version is expected to be much smaller.

    He said Mrtbo issues that Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.

    It is expected to contribute to the development of Iraq as the second-largest oil producer in OPEC to reassure the bond buyer, Baghdad is also expected to pay a high price for borrowing as a 10.37 percent return on the Iraqi bonds due in 2028.

    Iraq had happened on the seventh of August / August, the first sovereign credit rating, after it gave him Bretton Standard & Poor's and Fitch rating B- a rating below six degrees of investment grade.

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    weslin3
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    • Post n°3

    Iraq launches international version of the bonds Empty Re: Iraq launches international version of the bonds

    Post by weslin3 Wed 09 Sep 2015, 8:34 am

    Some where I read that these are to be "Eurobonds" so looked it up;


    DEFINITION OF 'EUROBOND'

    A bond issued in a currency other than the currency of the country or market in which it is issued.

    BREAKING DOWN 'EUROBOND'

    Usually, a eurobond is issued by an international syndicate and categorized according to the currency in which it is denominated. A eurodollar bond that is denominated in U.S. dollars and issued in Japan by an Australian company would be an example of a eurobond. The Australian company in this example could issue the eurodollar bond in any country other than the U.S.

    Eurobonds are attractive financing tools as they give issuers the flexibility to choose the country in which to offer their bond according to the country's regulatory constraints. They may also denominate their eurobond in their preferred currency. Eurobonds are attractive to investors as they have small par values and high liquidity.

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    Iraq launches international version of the bonds Empty Re: Iraq launches international version of the bonds

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