Central Bank announces sale of 802 billion dinars from the National Bonds Economy N
Central Bank announces sale of 802 billion dinars from the National Bonds
Economy News _ Baghdad:
Last updated 18/04/2017 - 15:10
The central bank, announced Tuesday, for the sale of 802 billion dinars from the national bonds that have been put forward by the beginning of the current month of April indicating that the bonds pay annual coupons for a period of two years .
The bank said in a statement, "Economy News" received a copy of which he "sold the amount of 802 billion and 150 million dinars from the national bonds, which was launched on behalf of the Ministry of Finance in nominal terms the beginning of this April noting that the remainder of Asdarih is 197 billion and 850 million dinars, and that the end of the sales period will be until the second of next May
The bank added that "Asdarih which was launched with five categories include" 100,000 and 250,000, 500,000, 1,000,000 and 5,000,000 dinars and the amount of trillion dinars and an interest rate of 8%, "he said, adding that" the bonds pay annual coupons for a period of two years and payable from before the Ministry of Finance on the second of April 2019
The central bank issued on April 2, 2017 national bonds on behalf of the Ministry of Finance of $ trillion dinars to finance the deficit in the general budget of Iraq as a result of lower oil prices globally