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Stryker feels the coming of bonds is a lead into the RV
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Stryker feels the coming of bonds is a lead into the RV
Stryker
Sovereign Bonds: We should start hearing news about Bond offerings through the Central Bank of Iraq to support the Monetary System and not for projects. Last year these Bonds were to go on the Bond Market but were cancelled due to postponement of the deletion of the zero project. So it only makes sense that the CBI would offer these as we get closer. This bonds will be offered in Iraq's currency (IQD) and not in the USD. Yesterday we had news that the government may adopt the issuing of Sovereign Bonds. These would be to support housing projects and the private sector that would help out next years budget deficit, since these cost would not come out of the budget itself.
Sovereign Bonds: We should start hearing news about Bond offerings through the Central Bank of Iraq to support the Monetary System and not for projects. Last year these Bonds were to go on the Bond Market but were cancelled due to postponement of the deletion of the zero project. So it only makes sense that the CBI would offer these as we get closer. This bonds will be offered in Iraq's currency (IQD) and not in the USD. Yesterday we had news that the government may adopt the issuing of Sovereign Bonds. These would be to support housing projects and the private sector that would help out next years budget deficit, since these cost would not come out of the budget itself.
Ponee- Admin
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Re: Stryker feels the coming of bonds is a lead into the RV
Interesting thought that it would be money over and above the budget available to bribe.. er build housing projects.
But if you issue bonds, you have to pay the interest on those bonds. I doubt that the interest they would have to promise for people to buy would be generated out of the bond sales alone. That means the rest of the money to pay the interest would have to be budgeted.
But if you issue bonds, you have to pay the interest on those bonds. I doubt that the interest they would have to promise for people to buy would be generated out of the bond sales alone. That means the rest of the money to pay the interest would have to be budgeted.
Cascadian- VIP Member
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Re: Stryker feels the coming of bonds is a lead into the RV
They have to budget their budget-
Terbo56- VIP Member
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Age : 67
Location : Central Florida-
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