Arabic side of the CBI 3-30-2017

(Declaration) The Central Bank of Iraq will put the national bonds (nominal) (second issue) on behalf of the Ministry of Finance issued with five categories and the amount of (1) trillion Iraqi dinars and are sold at an interest rate of 8% per year
2017/3/30

http://www.cbi.iq/?pid=Home&lang=ar


http://www.cbi.iq/documents/Announcem%2030-3-2017.pdf

Iraq raises bonds worth one trillion dinars and interest 8%


Economy News / Baghdad

The Central Bank of Iraq is to issue national bonds nominal value of one trillion dinars and an interest rate of 8%.

The Director of the Information Office of the Central Bank of Iraq, Acer Jabbar said in a statement to "Economy News", that the Central Bank of Iraq is determined to put the national bonds nominal name of the second issue on behalf of the Ministry of Finance issued with five categories (100,000, 250,0000, 500 , 000, 1,000,000, 5,000,000) dinars, and the amount of (1) trillion Iraqi dinars.

He added that the bonds will be sold "at interest rate of 8% per annum in annual coupons and for two years starting from 2/4/2017 in nominal value and payable by the Ministry of Finance on 2/4/2019."

He pointed out that banks and citizens can submit all purchase orders to the Central Bank directly and bring a colored copy of the civil status ID, and can be used as collateral for loans or facilities or any transactions requiring collateral, and can be traded in the Iraqi market for securities sale and purchase.

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