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tman23 says Iraq won't put the cart before the horse

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Post by Ponee Tue May 12, 2015 9:38 pm

tman23 

 Parliament needs to pass the investment law...then we should see an immediate response of sorts from the CBI... following the World Bank payment for purchase of Iraq Bonds... And the World Bank is not going to buy Bonds at 1166 or $1 usd... And then Iraq raise their currency value... This is one scene where the horse will definately be before the cart.

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Post by Kevind53 Tue May 12, 2015 11:05 pm

Why not? 2% or whatever percent is decided upon is the same and the risk factors are the same regardless of the value of the dinar. IT MAKES NO DIFFERENCE, NONE! You don't buy a bond because of the value of the currency, you buy a bond because of the ROI you expect.

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Post by Terbo56 Wed May 13, 2015 11:27 am

Jeezum petes..... Here we go again..
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