Central announces the sale of full national bonds

16/05/2017 04:47 | Number of readings:

Trend Press / Baghdad

The central bank announced on Tuesday the sale of the entire national bond, indicating that the receipt of bonds will be announced upon completion of printing.

"The sale of national bonds has been completed in the second issue on behalf of the Ministry of Finance and in nominal value until May 9," the bank said in a statement obtained by Trend Press.

The bank said that "the completion of the sale comes to the depletion of all the issuances," adding that "will be announced receipt of bonds once they are printed."

On April 2, 2017, the Central Bank issued national bonds on behalf of the Ministry of Finance in the amount of one trillion dinars in order to finance the deficit in Iraq's general budget due to the drop in oil prices globally.