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Finance continues to make construction bonds available until January 30

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Finance continues to make construction bonds available until January 30
 
January 15, 2024 Last updated: January 15, 2024
 
Al-Independent/- The Ministry of Finance announced today, Monday, that construction bonds will continue to be available to citizens until January 30. A statement from the ministry explained,
 
 “The new issuance, worth 2 trillion Iraqi dinars, is negotiable on the Iraqi securities market and will be available in the form of two denominations, the
 
first at a price of 500 thousand dinars, with an annual interest of 6%, for a period of two years, and the
 
second at a price of one million dinars, with an annual interest of 6%.” 8% for 4 years.” The statement indicated that
 
 “the purchase and trading of the bonds offered are exempt from taxes according to what is stated in the General Federal Budget Law No. 13 of 2023,” indicating that
 
“these bonds are issued with a guarantee from the Ministry of Finance, and the bond can be acquired by submitting an application to one of the official banks approved and registered with the bank.” Central.” According to the statement,
 
the Ministry called on “investors and citizens to take advantage of the offer and take the initiative to benefit from this investment opportunity.”
 
comment
 
The Ministry of Finance’s availability of construction bonds comes as a continuation of the government’s efforts to enhance the development and investment aspects in the country.
 
Reconstruction bonds are considered a good investment opportunity for citizens, as they provide them with a reasonable financial return, and they also contribute to supporting the national economy.
 
It should be noted that the first issuance of reconstruction bonds achieved great success, as the entire quantity offered was sold.
 
https://mustaqila.com/المالية-تستمر-بإتاحة-سندات-الإعمار-لغ/

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