BAGHDAD – Iraqi bonds will be offered on the Irish stock market at an annual interest rate of 6.752 percent, an official source in the Iraqi government said on Saturday.
The source, who preferred not to be named, said that “based on the law of the general budget for 2017, which includes the issuance of foreign bonds worth one billion dollars, and with the approval of the Council of Ministers has been successful issuance of international Iraqi bonds in the global financial market for five and a half years and a benefit of 6.752% annually.”
“Citibank, Deutsche Bank and JPMorgan, as well as the Iraqi Trade Bank as the issuing manager, have made the technical arrangements for issuing these bonds,” he added.
“Bonds will be listed this year on the Irish stock market and are tradable in emerging markets.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here