Breaking News: Iraq Launches Third Issue of Enjaz Government Bonds
The Iraqi Ministry of Finance has announced the release of the third issue of Enjaz government bonds, totaling 1.3 trillion Iraqi dinars ($992.5 million), for public subscription. These bonds, with interest rates between 6.5 and 8.5 percent and maturity periods of two to four years, will be available for subscription from October 14 to November 13.
Issued in cooperation with the Central Bank of Iraq, the bonds come in two categories. The first category offers a 500,000 Iraqi dinar bond with a 6.5 percent annual interest rate paid every six months for two years. The second category is a one million Iraqi dinar bond with an 8.5 percent annual interest rate also paid every six months for two years.
Investors can trade these bonds on the Iraq Stock Exchange, contributing to economic stability and funding development projects in the country. Don’t miss this opportunity to be a part of Iraq’s financial growth!
Stay tuned for more updates from Iraqi News.