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Finance issues third reconstruction bonds worth two trillion dinars »

by archyworldyscom
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Baghdad – IA
Today, Friday, the Ministry of Finance announced the issuance of third reconstruction bonds worth two trillion dinars.

The media office of the Ministry of Finance said in a statement received by the (INA): “The Ministry of Finance issued the third bonds under the name of reconstruction bonds in the amount of (2) trillion dinars based on Budget Law No. 13 for the years (2023-2024-2025), for the period from 31 /12/2024 until 1/30/2024.”
He added, “The categories offered for these bonds will be as follows: a bond in the category of 500,000, five hundred thousand Iraqi dinars, with an annual interest of 6% for a period of two years, and a bond in the category of 1,000,000 million Iraqi dinars, with an annual interest of 8% for a period of four years.”
He pointed out, “Those wishing to purchase from the public must submit purchase requests through licensed banks, and we call on investors and citizens to take advantage of the offer and take the initiative to benefit from this investment opportunity, as the size of the issuance will be very limited.”
The statement concluded, “These bonds are tradable on the Iraq Stock Exchange.”

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