Latest topics
"The Big Clue" - Sun. PM KTFA Thoughts, News w/ Frank26 11/19/18
Page 1 of 1
"The Big Clue" - Sun. PM KTFA Thoughts, News w/ Frank26 11/19/18
KTFA
Lexi » November 18th, 2018
So they can do these bonds without showing us the new rate correct? Like Walkingstick said, not their 1st rodeo-
StephenMac63 » November 18th, 2018
Its not the first rodeo, for sure.
Heres my take. The article says its for Iraqi Market, which, imo, is not International, its National.
Right now a dinar is a dinar. Its only when you compare the values between an IQD and a USD do you see a range.
The big clue to me was the fact that it was in classifications of 5 million dinar. Many folks in DinarLand have that so to offer only a 5 million dinar bond was odd........unless there was a reason. IMO, since it was only for Iraq and a dinar is a dinar, the reason is to get the Iraqi citizens to turn in the higher notes (the 3 zero notes). The CBI wants to get the larger notes off of the street and are using various options, with a bond sale being one of them.
Youl notice that the bond "matures" in 3 months. Pretty nice for a time frame. And youl notice a very favorable rate of return. Basically the CBI is buying the three zero notes from the Iraqi citizens and giving them a bonus in 3 months.
As for the "new rate". You only find a new rate when the numbers have changed, and the changes we want to see are the International Exchange Rate. This is the part where every one in DinarLand is salivating as we want to see what the IQD is valued against the USD...outside of the country.
In the meantime, to cure the salivating problem, one can get a bib or a dropcloth, your choice.
IMO, Of course
Walkingstick » November 18th, 2018
Once again: National Bonds.. (Denominated in local currency) Traded in the Iraq stock market... Reasons of ... a means to draw in liquidity from the Iraqi citizens, prevent hoarding of local currency ... draw in, interest in local bonds in lieu of foreign... in turn, promising a positive return ... As, the CBI did in 2016 with their announcement prior to launching the National/ local bonds... Then
Blinkster » November 18th, 2018
this indeed makes sense. A nice way to vacuum those notes off the street...with a reward for doing so. Thank you, Walkingstick!
Moparman » November 18th, 2018
Huge, huge, huge.
Walkingstick » November 18th, 2018
fwiw ... Some, may be... surprised, to learn... How many, Iraqis... can in fact, afford to purchase these bonds... Question is, will they?
Frank26 » November 18th, 2018
IMO ................. YES !!! TELL U TOMORROW WHY KTFA FAMILY .........
Walkingstick » November 18th, 2018
BFBR.... DATE
Iraqi Shi'ite Leader Wants Every Citizen To Get Share Of Oil Wealth
March 22, 2016
Prominent Iraqi Shi'ite Muslim cleric Muqtada al-Sadr has called on the government to provide every Iraqi citizen with a share of the country's expanding oil revenues.
Sadr made his call at a large rally in Baghdad on March 21 where he also demanded that a technocrat government of non-affiliated politicians be installed in Iraq to fight corruption.
Sadr's speech to supporters also called for an improvement in public services and for an economic revival to help end high unemployment.
Iraq has some of the largest crude oil reserves in the world but ranks 161 out of 168 countries in Transparency International's Corruption Perceptions Index for 2015.
Sadr's followers have held regular protests for most of the last month to demand a new government be formed.
Sadr is the leading Shi'ite leader in Iraq.
https://www.rferl.org/a/iraqi-shiite-leader-sadr-wants-every-citizen-get-share-oil-wealth-anticorruption/27627358.html
Lexi » November 18th, 2018
So they can do these bonds without showing us the new rate correct? Like Walkingstick said, not their 1st rodeo-
StephenMac63 » November 18th, 2018
Its not the first rodeo, for sure.
Heres my take. The article says its for Iraqi Market, which, imo, is not International, its National.
Right now a dinar is a dinar. Its only when you compare the values between an IQD and a USD do you see a range.
The big clue to me was the fact that it was in classifications of 5 million dinar. Many folks in DinarLand have that so to offer only a 5 million dinar bond was odd........unless there was a reason. IMO, since it was only for Iraq and a dinar is a dinar, the reason is to get the Iraqi citizens to turn in the higher notes (the 3 zero notes). The CBI wants to get the larger notes off of the street and are using various options, with a bond sale being one of them.
Youl notice that the bond "matures" in 3 months. Pretty nice for a time frame. And youl notice a very favorable rate of return. Basically the CBI is buying the three zero notes from the Iraqi citizens and giving them a bonus in 3 months.
As for the "new rate". You only find a new rate when the numbers have changed, and the changes we want to see are the International Exchange Rate. This is the part where every one in DinarLand is salivating as we want to see what the IQD is valued against the USD...outside of the country.
In the meantime, to cure the salivating problem, one can get a bib or a dropcloth, your choice.
IMO, Of course
Walkingstick » November 18th, 2018
Once again: National Bonds.. (Denominated in local currency) Traded in the Iraq stock market... Reasons of ... a means to draw in liquidity from the Iraqi citizens, prevent hoarding of local currency ... draw in, interest in local bonds in lieu of foreign... in turn, promising a positive return ... As, the CBI did in 2016 with their announcement prior to launching the National/ local bonds... Then
Blinkster » November 18th, 2018
this indeed makes sense. A nice way to vacuum those notes off the street...with a reward for doing so. Thank you, Walkingstick!
Moparman » November 18th, 2018
Huge, huge, huge.
Walkingstick » November 18th, 2018
fwiw ... Some, may be... surprised, to learn... How many, Iraqis... can in fact, afford to purchase these bonds... Question is, will they?
Frank26 » November 18th, 2018
IMO ................. YES !!! TELL U TOMORROW WHY KTFA FAMILY .........
Walkingstick » November 18th, 2018
BFBR.... DATE
Iraqi Shi'ite Leader Wants Every Citizen To Get Share Of Oil Wealth
March 22, 2016
Prominent Iraqi Shi'ite Muslim cleric Muqtada al-Sadr has called on the government to provide every Iraqi citizen with a share of the country's expanding oil revenues.
Sadr made his call at a large rally in Baghdad on March 21 where he also demanded that a technocrat government of non-affiliated politicians be installed in Iraq to fight corruption.
Sadr's speech to supporters also called for an improvement in public services and for an economic revival to help end high unemployment.
Iraq has some of the largest crude oil reserves in the world but ranks 161 out of 168 countries in Transparency International's Corruption Perceptions Index for 2015.
Sadr's followers have held regular protests for most of the last month to demand a new government be formed.
Sadr is the leading Shi'ite leader in Iraq.
https://www.rferl.org/a/iraqi-shiite-leader-sadr-wants-every-citizen-get-share-oil-wealth-anticorruption/27627358.html
*****************
>>>TNTBS's YouTube Channel<<<
Ssmith- GURU HUNTER
- Posts : 20495
Join date : 2012-04-10
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Sun Mar 10, 2024 5:58 am by RamblerNash
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash
» Frat President Charged With Stealing $267K to Buy Worthless Iraqi Dinars
Wed Jan 17, 2024 5:05 pm by RamblerNash
» Fact Check: NO Record 'Quantum Financial System' Exists Beyond Claims In Videos, Online Articles
Mon Jan 15, 2024 6:15 pm by RamblerNash