New CBI announcement 03/09/2016

[yota691]

News and announcements

 

• ( Declaration ) of the Central Bank of Iraq will launch national bonds ( nominal ) on behalf of the Ministry of Finance nominal terms on 2016 /3 / 15 and ending in 2016 / 4 / 15 Bosaddarah of five categories 
  03/09/2016

 

[yota691]

03/09/2016 15:13

Central presents new monetary categories

 

 

 

BAGHDAD / obelisk: Central Bank of Iraq, announced Wednesday his intention to launch a national bonds in five categories of the middle of this month, adding that her annual interest rate of 6%, between that can be used as collateral for loans to financial facilities.

The bank said in a statement, said he 'will launch national bonds (nominal) on behalf of the Ministry of Finance in nominal terms and as of the middle of this month, March 15 and ends on 15 April next year', adding that 'Asdarih will offer five categories include (100,000 and 250,000, and 500,000 and 1,000,000 and 5,000,000). '

The bank added that 'the value of these funds to be raised will reach 1.5 trillion dinars', noting that 'sales will be at a discount and will be 6% interest per annum and is payable by the Ministry of Finance in March, 142 018'.

The bank added that 'can citizens and banks all provide purchase orders to the Central Bank directly', pointing out that he 'can use these bonds as collateral for loans and facilities or any transactions require collateral, it can also be traded on the Iraq Stock Exchange, buying and selling and be deductible the public and private banks. "

Iraq is seeking to issue an internal national bonds to finance the deficit in the public budget for Iraq as a result of falling oil prices to below $ 30 per barrel.

Founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily buying and selling of foreign currencies, except for public holidays on which depends the Bank for these auctions.

 

Read more: http://dinarvets.com/forums/index.php?/topic/217110-central-presents-new-monetary-categories/#ixzz42P20dt88

[yota691]

The central bank plans to launch a national bonds in five categories of the middle of this month

 

Wednesday 9 March 2016 11:50 

 

  

 

 

Alsumaria News / Baghdad 
CBI, Wednesday, announced his intention to launch a national bonds in five categories of the middle of this month, adding that her annual interest rate of 6%, between that can be used as collateral for loans to financial facilities. 

The bank said in a statement Alsumaria News received a copy of that "will launch national bonds (nominal) on behalf of the Ministry of Finance in nominal terms and as of the middle of this month, March 15 and ends on 15 April next year," adding that "Asdarih will offer five categories include ( 100,000 and 250,000, and 500,000 and 1,000,000 and 5,000,000). "

 

The bank said that "the value of these funds to be raised will reach 1.5 trillion dinars," noting that "the sale will be at a discount and will be 6% interest per annum and is payable by the Ministry of Finance in March, 14, 2018." 

The bank added that "can citizens and banks all provide purchase orders to the Central Bank directly," pointing out that "he can use those bonds as collateral for loans and facilities or any transactions require collateral, can also be traded on the Iraq Stock Exchange, buying and selling and be deductible the public and private banks. " 

Iraq is seeking to issue an internal national bonds to finance the deficit in the public budget for Iraq as a result of falling oil prices to below $ 30 per barrel. 

Founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily buying and selling of foreign currencies, except for public holidays on which depends the Bank for these auctions.

Read more: http://dinarvets.com/forums/index.php?/topic/217110-central-presents-new-monetary-categories/#ixzz42P2SnhyU

[yota691]

This article below is from last year...

Posted 02 July 2015 - 08:14 AM

Central Bank: Global markets will receive bonds that will be launched by the government

By Mohammed Emad 07.02.2015 3:17 a.m. | Views: 32

Brother - Baghdad

The member of the Board of Directors of the Central Bank Majid picture that global markets able to receive government bonds that will be launched this year, noting that the international reputation of Iraq from a financial point of good in spite of all the circumstances and to the commitment of the government to pay the debt owed to it.

Suri said that "the subject depends on the credit rating of Iraq and the government is working to get a credit rating," explaining that "the global markets to receive government bonds exist, but there are procedures that must be completed to launch these bonds."

He added that "the international reputation of Iraq from a financial point of very good despite all the circumstances in, and Iraq is committed to paying all the debts that his trust."

The Central Bank launched the Small Enterprise Fund worth trillion dinars in cooperation with the Iraqi private banks association, and these loans help open more than 20 000 jobs.

It is noteworthy that the central bank is expected to issue instructions from the government to be launched $ 5 billion to help Iraq to bridge the budget deficit bonds.

 

Read more: http://dinarvets.com/forums/index.php?/topic/204976-central-bank-global-markets-will-receive-bonds-that-will-be-launched-by-the-government/#ixzz42PIMbW8m

[sandfly]

THANKS YOTA

[King Bean]

Lets see if this turns out to be a hot commodity or a dud like last time. They didn't get much interest last outing. Thanks Yota.

[calkid11]

Thank you Yota