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CBI raises the first bonds to the public since 2003,
Thursday 10-03-2016 | 7:01:37
Twilight News CBI / said he intends to sell $ 1.5 trillion Iraqi dinars ($ 1.27 billion) of government bonds for two years as part of efforts to meet the shortfall caused by the erosion of oil prices and the costs of the war against al-Islamic state.
Acer said Jabbar official and media relations at the central bank that version will be the first launch of its kind to go public since 2003 when the ousted regime of Saddam Hussein, a first tranche of a plan to sell five trillion dinars worth of bonds announced in January.
Iraq exports already treasury bills to local banks and has a list of international bonds.
The bank said in an emailed statement that the new version an interest rate of six percent will be sold to the public and local banks in the period from March 15 to April 15 April.
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