The Ministry of Finance launches the second issue of (Binaa) bonds after the success of the first phase
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The Ministry of Finance launches the second issue of (Binaa) bonds after the success of the first phase
by RamblerNash Tue Dec 21, 2021 11:47 pm
Tuesday 21 December 2021 14:02
Baghdad / NINA / - The Ministry of Finance directed the Public Debt Department, in cooperation with the Central Bank of Iraq, today, Tuesday, to launch the second issue of construction bonds tradable in the stock market.
A statement by the ministry said: This step comes after the success of the first issue of bonds that contributed to financing economic development operations and supporting investment projects, in addition to the increasing demand by citizens.
He added: The bonds will be available for trading for a period of one month, and the categories of bonds offered for trading are:
1- A bond of a class of (500,000) five hundred thousand dinars with an annual interest rate of 6% for a period of two years.
2- A bond of category (1000000) one million dinars with an interest of 7% for a period of 4 years.
She called on citizens wishing to purchase to submit their applications through authorized banks for the purpose of taking advantage of the investment opportunity./End 3
https://ninanews.com/Website/News/Details?key=946054
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