Rashid bank introduced today, Thursday, the extension of the sale of national bonds to residents.
The bank stated in a statement obtained by means of dinaropinions.com that, “primarily based on directives from the crucial bank of Iraq and the Ministry of Finance, it’s been determined to extend the period for selling countrywide bonds until June three, 2025.”
He introduced, “This comes in reaction to the continuing call for from citizens to buy these bonds,” noting that “this extension represents an additional opportunity for the ones wishing to invest their cash in safe and worthwhile financial contraptions.”
The bank indicated that the info of the to be had bonds are as follows:
- A bond really worth 500,000 Iraqi dinars:
Annual hobby: eight%
investment period: two years
interest payment: every six months
- A bond worth 1,000,000 Iraqi dinars:
Annual hobby: 10%
investment duration: four years
interest price: every six months
He called on “residents wishing to purchase these bonds to visit the branches of Rashid bank spread across Baghdad and the governorates,” noting that “these bonds represent an funding possibility that gives a hard and fast and relaxed profits and contributes to assisting the countrywide financial system with the aid of financing creation and development initiatives.”
