ReddStarr - Article: Issuance of National Bonds By CBI Would Activate The Process Of Iraqi Dinar RV: Experts !

[DinarThug]

CNN. Broadcasting A 2 Month Old Article From March Of This Year - Posted By ReddStarr At Ktfa. Followed By Today's (5/10/16) Announcement By The CBI To Launch The Bonds !

 

 

Issuance of National Bonds by CBI would activate the process of Iraqi Dinar RV: Experts!

March 9, 2016 · by Mustafa Abubakr 

On Wednesday, the Iraqi Central Bank has announced its plan to launch the National Bonds. These bonds will be presented in five categories and will be available in the middle of March 2016. 

The CBI further added that the annual interest rate for the bonds is estimated at 6 percent.
These bonds will be used as an alternate of loans to overcome financial problems in the country.
The Central Bank of Iraq issued a press statement that CBI has planned the issuance of National
Bonds on behalf of the Iraqi Finance Ministry for honorary terms and these bonds will be issued
after the second quarter of this month. CBI also confirmed that these bonds will be issued from
15^th March 2016. CBI also added that these bonds will be available in five categories including
100,000 and 250,000, and 500,000 and 1,000,000 and 5,000,000. The total amount of these bonds
is estimated at more than 1.5 trillion Iraqi dinars.

Point to be noted that these bonds will be available at a discount and their interest rates will be 6
percent per year. These bonds are payable by the Iraqi Ministry of Finance on 14^th March 2018.
CBI further indicated that all the Iraqi citizens and Iraqi banks will be able to get these bonds by
submitting purchase order directly to the Iraqi Central Bank. It is important that Iraqi Central Bank
is an independent body founded on 6^th March 2004. It is accountable for maintaining the stability
in the Iraqi dinar exchange rate and monetary policy implementation such as Iraqi dinar exchange
rate policies in the daily sales auction for buying and selling of foreign currencies at the Central Bank.
Most of the economic and financial experts believe that selling bonds would improve the Iraqi dinar
exchange rate against most of the major international currencies. It is a clear indication towards the
Iraqi Dinar Revaluation, so don’t Sell Iraqi Dinar because Iraqi government and CBI are much dedicated
to support the Iraqi domestic currency markets. We have experienced that most of the Iraqi dinar
investors are focusing to Buy Iraqi Dinar because they think that the perfect time has come for Iraqi Dinar RV.

http://www.iraqireporter.us/is.....v-experts/

 

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MAY 10, 2016

Just posted (today) on the CBI web site (arabic)...Declaration....launch  of national bonds...value 5 categories....

Click on the link to view

http://www.cbi.iq/?pid=Home〈=ar

[DinarThug]

Here An Article From Today On The Launch Of The Bonds By The CBI From Master Yota ...

 

11 hours ago, yota691 said:

News and announcements

 

• ( Declaration ) , the Central Bank of Iraq launched national bonds ( nominal ) on behalf of the Ministry of Finance Bosaddarah nominal value of five categories ( 100 , 000 , 250 , 000 ,500 , 000 , 1000 , 000 , 5000 , 000 ) dinars
  10/05/2016

 

 

[Lnghrn12]

Pretty good detective work for a clown.  By the way Thug, NICE JOB HIGH JACKING THE WEEKLY Q&A!!!

[blueskyline]

Thank You 

[umbertino]

ReddStarr or ReddFoxx? Hard choice....

[gregp]

Sounds positive. Thanks Thug. 

[sandfly]

What's uuuuppppp clown 

[sandfly]

What's uuuuppppp clown 

[DinarThug]

On May 11, 2016 at 6:18 PM, DinarThug said:

Issuance of National Bonds by CBI would activate the process of Iraqi Dinar RV: Experts!

March 9, 2016 · by Mustafa Abubakr 

 

2 hours ago, sandfly said:

What's uuuuppppp clown 

 

SandFly - Aka: Mustafa AbuThanker !