Iraq plans to issue bonds in local currency debt

Posted by on Jan 22, 2014 | Leave a Comment

The governor of the Central Bank and the Agency Abdel Basset Turki on the sidelines of the Geneva Conference, on Sunday, that “Iraq plans to issue bonds in local currency for the first time in Iraq since the fall of Saddam Hussein’s regime,” according to Reuters Mazkrt in its report.

Turkish predicted that “the first issue worth 3 billion Iraqi dinars and this is the first time in which to issue such bonds for monetary policy rather than for funding.”

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