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Wednesday, September 9, 2015

BondLady Chat  International Bonds 09/09/2015

BondLady Chat  International Bonds 09/09/2015

[tlm724] BondLady gm !

[BondLady] gm everyone
[BondLady] gm timmy cat rcs 

[BondLady] theres a article I posted today in the forum timmy CBI gov talks about the international bonds

[tlm724] Governor of the Central Bank: The government is seeking to privatize the Rafidain and Rasheed History of edits:: 2015/9/9 10:55
~~~
{Baghdad: Euphrates News} The governor of the Iraqi Central Bank on the Keywords The decline in oil revenues reduced the country's foreign exchange reserves to about $ 60 billion, ‘

adding that the level of reserves this comfortable, revealing that Iraq also needs to reform its banks through restructuring and privatization Rafidain and Rasheed. He explained Keywords in a newspaper interview that the decline in dollar-denominated expenses also also reduced demand for foreign currency.

"The level of reserves in Iraq comfortable" but he also said that reserves are decreasing month but "not significantly."

Downplayed Keywords down concerns that the continued downward push the Iraqi dinar, which sells for the central bank to banks and dealers who obtained licenses at a price fixed in 1166 dinars to the dollar.

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[tlm724] Keywords and said that the issuance of bonds in international markets would help in the reintegration of Iraq regime International Financial after years of wars and sanctions.

[BondLady] there it is
  
[tlm724] that's your highlight BL ^^

[BondLady] the issuance of bonds in international markets would help in the reintegration of Iraq regime International Financial

[tlm724] BondLady wars and sanctions are thing of the past  

[BondLady] no, not all, as long as Iraq still owes Kuwait and they do at least 1 billon which they got a payment plan for

[tlm724] and an extension ?

[BondLady] Kuwait gave them an extention for I think was a year

[RCS1947] yes

[BondLady] but if Kuwait did this and signed off on the debt to be repaid then this would be why they were released back into the international world to sell these INTERNATIONAL bonds but

[BondLady] theres also more than that, they were under sanctions which Iraq had been paying back or making terms for repayment like Egypts workers that was working in Iraq during Saddams time which weren't paid. They call that 1 the yellow remittances, which were recently settled or payment arrangements were made none the less sanctions had to be removed before they could go international

[emmaduke] I thought they paid that?

[BondLady] articles within the last 2 weeks maybe 3 emma I posted on them

[tlm724] BondLady those bonds go out this week ! " the Iraqi government is seeking to its first issuance of international bonds in nine years in Europe and the United States this week."

[BondLady] Iraq sent Egypt some money for the yellow, dunno if its paid in full or not though but something did change for them to be able to take these bonds international, just need Shredd to address when he gets time

[tlm724] yes I'll send him a note 

[BondLady] the difference between the bonds sold internationally in dollars or dinars, that may be a problem for the dinar not sure, I'm not a banker or economist

tlm724] dinars aren't recognized yet so they had to be sold in dollars

[BondLady] their mainly trying to make money for their 2016 budget. Maybe they can't use dinars for international yet and if thats so then maybe they are still under some sort of sanctions, I think answers will unfold soon...

[tlm724] yes ma'am I think your right

[BondLady] just have to wait it out which we have gotten very good at doing 

[tlm724] dayum skippy we have  lol
   
[BondLady] anywhos I just wanted to come out and say howdy and say a few things

[soon] ty bondlady

[cat] BondLady we love you

  [emmaduke] ty you hit that nail on the head!!
[BondLady] I always knew towards the end there would be a lot of confusing things to come out and mega questions with no answers, which if you think about it they would have to do it like that to try and protect the dinar and the economy from whales seeing a way to turn big profits with insider information

[tlm724] yep like insider trading 

[BondLady] but I think most will be revealed soon

[tlm724] *hallelujah* 

[BondLady] ty so much cat rcs timmy and emma

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