The Ministry of Finance announced, these days, , the imparting of the third problem of countrywide bonds for public subscription, with a cost exceeding 2 trillion dinars.
The Ministry’s media office stated in a announcement acquired with the aid of /dinaropinions.com, that “the Ministry of Finance, represented by the public Debt branch and in cooperation with the principal bank of Iraq, publicizes the imparting of the 0.33 trouble of country wide bonds for public subscription, with a total cost of (2,262,942,000,000) trillion Iraqi dinars.”
The Ministry explained that “the types of the provided bonds are a 500,000 Iraqi dinar bond with an annual go back of eight% paid every six months for 2 years, and a one million Iraqi dinar bond, with an annual return of 10% paid each six months for four years.”
She added that “the subscription duration begins on April 20, 2025, and ends on may additionally 20, 2025,” noting that “the subscription approach is finished through submitting buy requests at branches of banks legal by means of the relevant bank of Iraq, attaching the required identification documents, similarly to moving the quantity through the RTGS system on the subscription day, and receiving a brief receipt till the bond is prepared and brought later.”
The ministry referred to as on “residents, investors, and agencies to participate on this problem to gain from constant returns and a government guarantee.”
