Sovereign debt securities acceptable abroad
3/25/2015 0:00
BAGHDAD - Mostafa Hashemi
endorsed a specialist economic government went to borrow from the inside through the sovereign debt launched by the Ministry of Finance bonds to the public at home and abroad to reduce the proportion of the budget that was caused by the decline in world oil prices since June last year's deficit.
In this regard predicted economic Academic Dr. Majid Baidhani to accept a large audience of traders stock in the stock market on the acquisition of government bonds by the Ministry of Finance plans to launch soon.
He said in a statement the "morning": Culture is owned by traders stock in the Iraq Stock Exchange are well aware of bonds and returns the value of which Stderha them for possessing experience and expertise in the bond and stock value Almalah.okan Finance Minister Hoshyar Zebari, the end of last week declared that Iraq is considering the issuance of international bonds denominated in dollars for five years worth five billion dollars to help bridge the budget deficit will soon begin to pay some dues oil companies Alojunbah.oahar academic economic to the financial factor is one of the more factors that affect the credit rating of sovereign debt because that would lead to the degree of the world rankings for the national economy changed for the better, calling for speeding for the purpose of Iraq for sovereign credit from international credit rating agencies rating "Fitch, Moody's and Standard & Poor's" and the application of mechanisms and standards to improve the degree classification to become within the investment-grade low-risk, which will contribute to increasing the state's resources, allowing the country to attract investment companies and access to global capital markets and access to finance the appropriate cost.
sovereign bonds ndash; according to Encyclopedia and Akebedea- are bonds the government issued generally to pay a certain amount at a certain date, as well as periodic interest rate for a certain period of time, with a specific interest rate, for a company or a country payments, usually government bonds are denominated in special currency in the country.
Baidhani emphasized that in the event of a percentage of bonds abroad, the demand will have more because of that enjoyed by Iraq of a good reputation in terms of high obligations to repay its debts over the past years, in addition to having multiple economic resources, noting that the borrowing from home reduces the need for external borrowing as well as the percentage of interest on foreign loans (International) would be great, despite the length of repayment, while borrowing from the inside is available and accessible to the presence of large Aktnazac is invested in the private sector.
The Finance Minister Hoshyar Zebari between in a statement, "we think of borrowing through government bond issue worth five billion sold outside Iraq ", pointing out that his ministry" has issued treasury bills for the year worth four trillion dinars, equivalent to about $ 3.5 billion in the local market on behalf of the Ministry of Oil and may issue additional authorizations of $ 1.5 billion. "
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3/25/2015 0:00
BAGHDAD - Mostafa Hashemi
endorsed a specialist economic government went to borrow from the inside through the sovereign debt launched by the Ministry of Finance bonds to the public at home and abroad to reduce the proportion of the budget that was caused by the decline in world oil prices since June last year's deficit.
In this regard predicted economic Academic Dr. Majid Baidhani to accept a large audience of traders stock in the stock market on the acquisition of government bonds by the Ministry of Finance plans to launch soon.
He said in a statement the "morning": Culture is owned by traders stock in the Iraq Stock Exchange are well aware of bonds and returns the value of which Stderha them for possessing experience and expertise in the bond and stock value Almalah.okan Finance Minister Hoshyar Zebari, the end of last week declared that Iraq is considering the issuance of international bonds denominated in dollars for five years worth five billion dollars to help bridge the budget deficit will soon begin to pay some dues oil companies Alojunbah.oahar academic economic to the financial factor is one of the more factors that affect the credit rating of sovereign debt because that would lead to the degree of the world rankings for the national economy changed for the better, calling for speeding for the purpose of Iraq for sovereign credit from international credit rating agencies rating "Fitch, Moody's and Standard & Poor's" and the application of mechanisms and standards to improve the degree classification to become within the investment-grade low-risk, which will contribute to increasing the state's resources, allowing the country to attract investment companies and access to global capital markets and access to finance the appropriate cost.
sovereign bonds ndash; according to Encyclopedia and Akebedea- are bonds the government issued generally to pay a certain amount at a certain date, as well as periodic interest rate for a certain period of time, with a specific interest rate, for a company or a country payments, usually government bonds are denominated in special currency in the country.
Baidhani emphasized that in the event of a percentage of bonds abroad, the demand will have more because of that enjoyed by Iraq of a good reputation in terms of high obligations to repay its debts over the past years, in addition to having multiple economic resources, noting that the borrowing from home reduces the need for external borrowing as well as the percentage of interest on foreign loans (International) would be great, despite the length of repayment, while borrowing from the inside is available and accessible to the presence of large Aktnazac is invested in the private sector.
The Finance Minister Hoshyar Zebari between in a statement, "we think of borrowing through government bond issue worth five billion sold outside Iraq ", pointing out that his ministry" has issued treasury bills for the year worth four trillion dinars, equivalent to about $ 3.5 billion in the local market on behalf of the Ministry of Oil and may issue additional authorizations of $ 1.5 billion. "
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