yota691 Posted March 1, 2015 Report Share Posted March 1, 2015 The government plans to issue bonds to support private banks01/03/2015 BAGHDAD / JD / .. Committee announced that the economy and investment representative, for the determination of the government to support the private banking sector by issuing securities backed.A member of the committee MP Harith Snead told / BD /: that the government intends to support private banks through the issuance of securities backed by, to play those banks to grant soft loans to small and medium-sized industrial projects.He added that this project will enhance the growth of the Iraqi economy will develop as the industrial sector and develop the work of the private banking sector, adding that the committee is working hard to legislation important laws that serve the interests of the national economy.The Prime Minister Haider al-Abadi, had announced earlier in the government program, which includes a strategy to support the private sector and diversify the state financial revenue plan. / End / 8 / 5 Link to comment Share on other sites More sharing options...
Saintsfan Posted March 1, 2015 Report Share Posted March 1, 2015 Thank you Link to comment Share on other sites More sharing options...
captl1 Posted March 1, 2015 Report Share Posted March 1, 2015 Step by step. Thanks 1 Link to comment Share on other sites More sharing options...
Deborah Layne Posted March 1, 2015 Report Share Posted March 1, 2015 The only Intel I have ever learned which has proven true is that the IMF said no bonds until RV 4 1 Link to comment Share on other sites More sharing options...
moneysoon Posted March 1, 2015 Report Share Posted March 1, 2015 This ride is certainly coming to an end. All of the check-off items are either being discussed or implemented. It won't be long before we see what's behind door number one. I am under the belief that once a few more laws and internal housecleaning is put into place, we will truly be on the precipice of what we are looking to see. Blessings All, 9 Link to comment Share on other sites More sharing options...
"Fred" Posted March 1, 2015 Report Share Posted March 1, 2015 Amen 1 1 1 Link to comment Share on other sites More sharing options...
SocalDinar Posted March 1, 2015 Report Share Posted March 1, 2015 The only Intel I have ever learned which has proven true is that the IMF said no bonds until RV Tell us more deborah!! I like your post. " which has proven true" Thanks Yota 1 Link to comment Share on other sites More sharing options...
ronscarpa Posted March 1, 2015 Report Share Posted March 1, 2015 ... ... Link to comment Share on other sites More sharing options...
sandfly Posted March 2, 2015 Report Share Posted March 2, 2015 THANKS Link to comment Share on other sites More sharing options...
TrinityeXchange Posted March 2, 2015 Report Share Posted March 2, 2015 This ride is certainly coming to an end. All of the check-off items are either being discussed or implemented. It won't be long before we see what's behind door number one. I am under the belief that once a few more laws and internal housecleaning is put into place, we will truly be on the precipice of what we are looking to see. Blessings All well said bro. well said. the banks are getting ready to be infused with reserve capital from the central bank through the selling of government bonds. the private banks will then be able to begin a major initiative to create loan agreements. plus we already read yesterday where the state owned banks were starting their major loan initiative. they are preparing to jump start the economy. 3 Link to comment Share on other sites More sharing options...
SocalDinar Posted March 2, 2015 Report Share Posted March 2, 2015 I guess door number two had all of our fifty dinar notes behind it. 1 Link to comment Share on other sites More sharing options...
justchecking123 Posted March 2, 2015 Report Share Posted March 2, 2015 I'm intrigued, Deborah. Intel? Thought that was an anomaly here... Link to comment Share on other sites More sharing options...
Deborah Layne Posted March 2, 2015 Report Share Posted March 2, 2015 That's all- it was just Intel from several months back when maliki was yammering about selling bonds. Apparently the IMF said no bonds until RV or Ri or whatever. And suddenly he shut his yap. Still, no bonds right? 2 1 Link to comment Share on other sites More sharing options...
boosterbglee Posted March 2, 2015 Report Share Posted March 2, 2015 Deborah Layne...a mind like a steel trap!!! Thanks Trinity & Money...I like what the two of you are saying! 1 Link to comment Share on other sites More sharing options...
sourpuss Posted March 2, 2015 Report Share Posted March 2, 2015 The only Intel I have ever learned which has proven true is that the IMF said no bonds until RV I've read that also. I pray that's correct Too bad article doesn't say when this is to take place Link to comment Share on other sites More sharing options...
Rabbi Posted March 2, 2015 Report Share Posted March 2, 2015 (edited) It is irrelevant whether they issue these bonds before or after the RV. If they issue them before, this is exactly the type of financial instrument that would have its terms "adjusted " in the event of an RV. If someone purchased a 1MM IQD bond (worth $860 at the current exchange rate of $.00086/dinar) and then the three zeroes were removed (making the exchange rate equal to $.86/dinar), the terms of this bond would be changed because of the RV, and it would be re-issued as a 1,000 IQD bond (and still worth $860). The really important thing to see with regards to the bonds is WHERE will they be traded. They can be available only to Iraqis, or they can be the types of financial instruments that are traded on the international financial markets. If it's the latter, once again, this is another indication that Iraq is about to open their economy to the rest of the world. Ch-ching!!!! Edited March 2, 2015 by Rabbi 3 Link to comment Share on other sites More sharing options...
Deborah Layne Posted March 2, 2015 Report Share Posted March 2, 2015 The really important thing to see with regards to the bonds is WHERE will they be traded. They can be available only to Iraqis, or they can be the types of financial instruments that are traded on the international financial markets. If it's the latter, once again, this is another indication that Iraq is about to open their economy to the rest of the world. Ch-ching!!!! I've got a friend who is keeping a close eye on the bonds being traded internationally, as in right here. Word has it a major bond company has been waiting with its finger poised above the SELL button for weeks. I guess they're on hold and tired of waiting just like the rest of us. 1 1 Link to comment Share on other sites More sharing options...
climber7 Posted March 2, 2015 Report Share Posted March 2, 2015 easy there Deborah....you might start sounding like a guru haha 1 Link to comment Share on other sites More sharing options...
eburt Posted March 2, 2015 Report Share Posted March 2, 2015 Hmm this is gett crazy by the day!!! How is Iraq surviving now without it's daily auctions? They are not using the dollar so how are they operating? Don't they have to pull the trigger on RI/RV sometime soon? Now they talking about bonds....... 3 Link to comment Share on other sites More sharing options...
Deborah Layne Posted March 2, 2015 Report Share Posted March 2, 2015 easy there Deborah....you might start sounding like a guru haha Omg, I WISH! Being a dinar guru has been my dream ever since I was a little girl. The legions of fans. The masses, clinging to my every word. The kickbacks on reserves!! To dream...the impossible dream... 5 Link to comment Share on other sites More sharing options...
climber7 Posted March 2, 2015 Report Share Posted March 2, 2015 HAHA! Link to comment Share on other sites More sharing options...
boosterbglee Posted March 2, 2015 Report Share Posted March 2, 2015 :DThe paparazzi following you everywhere...nice thought Deborah! Link to comment Share on other sites More sharing options...
TrinityeXchange Posted March 2, 2015 Report Share Posted March 2, 2015 The really important thing to see with regards to the bonds is WHERE will they be traded. They can be available only to Iraqis, or they can be the types of financial instruments that are traded on the international financial markets. If it's the latter, once again, this is another indication that Iraq is about to open their economy to the rest of the world. Ch-ching!!!! i highly doubt that they are referring to the international markets. i believe what they are referring to is the privatization plans to capitalize the private banks in order to boost the domestic markets. iraq has elected not to go to foreign entities for financing but instead finance its market economy domestically. i gave what i believe is a pretty sound explanation here and invite your feedback. 1 Link to comment Share on other sites More sharing options...
Laid Back Posted March 2, 2015 Report Share Posted March 2, 2015 CBI is ready to jumpstart the economy.! Hurry up guys 5 1 Link to comment Share on other sites More sharing options...
jar41 Posted March 2, 2015 Report Share Posted March 2, 2015 confussed Link to comment Share on other sites More sharing options...
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