TNT:
Iko Ward: The world is feeling good this morning. China handed out the Kool Aid and everybody drank it down without so much as a kiss my foot. Good for us, not so good for your neighbor. Welcome to the 1%
Mountain Mole: Next Monday is the day we must prepare for Sept 14. It's the end of the 7 year cycle and if you go back and look at 7 year cycles you will find the pattern it would be a great thing for this RV to go this week.
REI: mountain, and don't forget the full moon and eclipse this month too!
Net Global: GM. Today is supposed to be the day the Iraq bonds go on sale I think. So that tells me they dont need a RV to sell international bonds. They can sell the bonds under a difference currency other than dinar
UK Fan1972: Net global : I'm interested in seeing what currency these Eurobonds will be purchased in.
....
Iko Ward: The world is feeling good this morning. China handed out the Kool Aid and everybody drank it down without so much as a kiss my foot. Good for us, not so good for your neighbor. Welcome to the 1%
Mountain Mole: Next Monday is the day we must prepare for Sept 14. It's the end of the 7 year cycle and if you go back and look at 7 year cycles you will find the pattern it would be a great thing for this RV to go this week.
REI: mountain, and don't forget the full moon and eclipse this month too!
Net Global: GM. Today is supposed to be the day the Iraq bonds go on sale I think. So that tells me they dont need a RV to sell international bonds. They can sell the bonds under a difference currency other than dinar
UK Fan1972: Net global : I'm interested in seeing what currency these Eurobonds will be purchased in.
....
SassyD; The Numbers Are In: China Dumps A Record $94 Billion In US Treasurys In One Month -- 09/07/2015 -- http://ift.tt/1i7GNdy
************
EF: What we care/ seeing at the opening is Green today.....MEAN Green....need an explanation? Read this article twice. Picture will come into focus
http://ift.tt/1KBVT7s
************
ChrisTNT52: It's really fascinating to read the various ways we try to triangulate this RV. Stock market movements, predictions, etc. etc. The bottom line: It's pretty much speculation...entertainment...a way to fill the void of at least partial uncertainty. But keep at it...it certainly can't hurt as we wait this out.
************
Yekoochie: Parliament Agenda for Sept. 8th (Tuesday)
The meeting's agenda number (19) Tuesday 8 September 2015
September 08 0.2015
The third parliamentary session
The second legislative year
The first legislative term
First: Read verses from the Koran.
Second: Question to the ministers of agriculture and water resources. (MP Khalid al-Asadi).
Third: The vote on the draft to impose fees on vehicles for the purposes of the streets and bridges maintenance law. (Commission services and reconstruction, the Finance Committee). (Article 5).
Fourth: The first reading of the draft law on ratification exempt diplomatic and special passport holders agreement and the service of feature access between the Government of the Republic of Iraq and the Government of the Republic of Azerbaijan Law. (Foreign Relations Committee). (Article 2).
Fifth: The first reading of the draft debugging in bonds and the decisions of agricultural land settlement law. (Committee on Agriculture, water and marshes). (Article 4).
Sixth: The first reading of the proposed abolition of the Revolutionary Command Council Resolution Act (dissolved) No. 21 of 2000 (proposed annexation of the hotel and tourism institutes of law to the Ministry of Education). (Commission of Tourism and Antiquities). (Article 3).
Seventh: The second reading of the draft accession of the Republic of Iraq to the 1988 Protocol Relating to the International Convention for the Safety of Life at Sea in 1974. The law (the Foreign Relations Committee, the Human Rights Commission, the Legal Committee). (Article 2).
Eighth: The second reading of the draft law amending the Association of Accountants and Auditors Act. (Finance Committee, the Legal Committee). (Article 12).
Ninth: The second reading of the draft reform law reviews and depositors. (Of the Committee on Labor and Social Affairs, the Legal Committee, the Committee on Security and Defense, the Commission on Human Rights). (54 articles).
Tenth: The second reading of the draft anti-money laundering and terrorism financing law. (Finance Committee, the Integrity Commission, the Commission on Security and Defence). (Article 57).
Session starts at: ten in the morning.
***************************
KTFA:
Poppy3: NEW RATE VERY NEAR AND NOT JUST WANTED BUT REQUIRED.
THEY HAVE ANNOUNCED SEVERAL DEADLINES THAT REQUIRE AN ACCEPTABLE RATE BEFORE THE THINGS CAN BE MET. PERIOD.
NO DEBATE IT IS FACTUAL. RELAX WE ARE IN GREAT POSITION IN GOOD HANDS.
************
EF: What we care/ seeing at the opening is Green today.....MEAN Green....need an explanation? Read this article twice. Picture will come into focus
http://ift.tt/1KBVT7s
************
ChrisTNT52: It's really fascinating to read the various ways we try to triangulate this RV. Stock market movements, predictions, etc. etc. The bottom line: It's pretty much speculation...entertainment...a way to fill the void of at least partial uncertainty. But keep at it...it certainly can't hurt as we wait this out.
************
Yekoochie: Parliament Agenda for Sept. 8th (Tuesday)
The meeting's agenda number (19) Tuesday 8 September 2015
September 08 0.2015
The third parliamentary session
The second legislative year
The first legislative term
First: Read verses from the Koran.
Second: Question to the ministers of agriculture and water resources. (MP Khalid al-Asadi).
Third: The vote on the draft to impose fees on vehicles for the purposes of the streets and bridges maintenance law. (Commission services and reconstruction, the Finance Committee). (Article 5).
Fourth: The first reading of the draft law on ratification exempt diplomatic and special passport holders agreement and the service of feature access between the Government of the Republic of Iraq and the Government of the Republic of Azerbaijan Law. (Foreign Relations Committee). (Article 2).
Fifth: The first reading of the draft debugging in bonds and the decisions of agricultural land settlement law. (Committee on Agriculture, water and marshes). (Article 4).
Sixth: The first reading of the proposed abolition of the Revolutionary Command Council Resolution Act (dissolved) No. 21 of 2000 (proposed annexation of the hotel and tourism institutes of law to the Ministry of Education). (Commission of Tourism and Antiquities). (Article 3).
Seventh: The second reading of the draft accession of the Republic of Iraq to the 1988 Protocol Relating to the International Convention for the Safety of Life at Sea in 1974. The law (the Foreign Relations Committee, the Human Rights Commission, the Legal Committee). (Article 2).
Eighth: The second reading of the draft law amending the Association of Accountants and Auditors Act. (Finance Committee, the Legal Committee). (Article 12).
Ninth: The second reading of the draft reform law reviews and depositors. (Of the Committee on Labor and Social Affairs, the Legal Committee, the Committee on Security and Defense, the Commission on Human Rights). (54 articles).
Tenth: The second reading of the draft anti-money laundering and terrorism financing law. (Finance Committee, the Integrity Commission, the Commission on Security and Defence). (Article 57).
Session starts at: ten in the morning.
***************************
KTFA:
Poppy3: NEW RATE VERY NEAR AND NOT JUST WANTED BUT REQUIRED.
THEY HAVE ANNOUNCED SEVERAL DEADLINES THAT REQUIRE AN ACCEPTABLE RATE BEFORE THE THINGS CAN BE MET. PERIOD.
NO DEBATE IT IS FACTUAL. RELAX WE ARE IN GREAT POSITION IN GOOD HANDS.
KTFA:
TF164: » September 7th, 2015, I THOUGHT ALLACK WAS DUE TO BE OUT BY OCTOBER 2015. WHEN HE GETS OUT SHABIBI COMES IN......IF THEY DON'T DO WHAT THEY NEED TO DO BY OCTOBER THEY WOULD BE BLACKLISTED WHICH WOULD SPELL DOOM FOR IRAQ. ...........
NOW WE FIND OUT SHABIBI WON'T BE BACK THIS YEAR, AND WE WON'T SEE AN RI UNTIL WE SEE SHABIBI........WHAT OF THE BLACKLIST????.IMO I THINK THE WHEELS ARE FALLING OFF.
LAST YEAR WHEN IT SEEMED THAT IRAQ COULDN'T PULL THE TRIGGER. I SUGGESTED THAT PERHAPS WE SHOULD JUST GO IN AND PULL IT FOR THEM. I WAS TOLD THAT SHOULD NEVER HAPPEN AS THAT WOULD BE DISRESPECTFUL TO IRAQ. THAT THEY HAVE TO DO THIS ON THEIR OWN.
WELL NOW WE APPEAR TO BE GOING IN TO IRAQ AND DOING JUST WHAT WAS SUGGESTED LAST YEAR........HMMMMMM..
**********
Dnari131: and if this is the case we can now see where the importance of the global markets fit in the grand scheme of things as it relates to the RI/RV imo
**********
PAPPA_J: DO WHAT DOROTHY AND CREW DID FOLLOW THE YELLOW BRICK ROAD!!!!! MONEY TALKS!!!!!!PERIOD!!!!!!
DAASSH IS NOT THE TARGET HERE ----IRAN IS!!!!!!!!!!!!!! IRAN IS TO STRONG FOR IRAQ TO PUSH THEIR TROOPS AND INFLUENCE OUT BECAUSE OF THE SHIITE RELIGIOUS SECT CONNECTIONS----
YES THEY NEED HELP ASAP, IF WE EVER WANT TO SEE DRS/ THE 12 EVER RI/RV----- THINK LONG TERM STABILITY ( DEAL THEY JUST MADE WITH IRAN IS REWARDING THE TRAINEE FOR POSITIVE STEPS/ OH OK PACIFICATION.
WHAT BETTER WAY TO KEEP TABS ON IRAN NOW THAN TO HAVE TROOPS ON THEIR BORDER--- THIS SHOULD BE TURNING ON SOME LIGHT BULBS ABOUT NOW!!! BTW--- SENDS MESSAGE TO WHOLE REGION---- SHOULD WORK, THAT IS IF WE CAN KEEP OUR OWN POLITICIANS FROM GOOFING IT UP AGAIN AS WAS DONE IN 2011!!!!
YES I AM TRYING TO CAUSE YOU TO TAKE A STRATEGIC VIEW OF WHAT IS HAPPENING IN IRAQ----- BAC DOC HAS ALREADY TOLD YOU IT IS NOT ALL ABOUT IRAQ!!!!!! COULD IT BE????? YEP!!!!! PJ
**********
Walkingstick » September 8th, 2015, 4:15 am
CBI News & Announcements
To / all ministries and departments not associated with the Ministry all (deposits in government institutions and private banks precautions to be taken)
08/09/2015
To / banks approved to exercise all banking (controls the import of foreign currency)
08/09/2015
http://ift.tt/1ei96fB
**********
Walkingstick » September 8th, 2015, 4:12 am
A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen the dinar
History of edits:: 2015/9/8 10:28 • [Baghdad - where]
a member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar.
Said Najiba Najib told all of Iraq [where] the more we were able to strengthen the country's economy will be reflected on the value of the Iraqi dinar against foreign currencies, noting that "if what has been compared to the Iraqi dinar to the dollar, it is not weak equal almost to a certain
extent." The main roads to strengthen the Iraqi dinar come through the diversification of sources of revenue because Iraq's dependence on oil only would negatively affect the economy, indicating that "monetary policy in the country need to measures by the central bank, either through deletion of zeros or the issuance of Banknotes small because they are necessary in a manner consistent with the economy and fiscal policy.
The prime minister Haider al-Abadi, said on 17 July, said that "the Iraqi currency reserved and have a great economic power, hard currency is because it is backed also that Iraq has the potential and capabilities and we have the blessing of oil," he said. "There is no fear on the exchange rate of the Iraqi dinar compared the US dollar, and the dollar will strike prices manipulators with an iron fist.
"It was announced in the parliamentary finance committee member Faleh in force, in 28 of last August, for delivery to the committee the public prosecution and the judge corrupted files money laundering related to money laundering and currency conversion to Aforeig.anthy
http://ift.tt/1KBVT7w
************
Iraq to start roadshow Thursday for international bond
DUBAI, SEPT 8 | BY HADEEL AL SAYEGH
Iraq's government will start an investor roadshow on Thursday for its first international bond issue in nine years, according to banking sources, as it seeks to finance a budget deficit caused by low oil prices and its war against Islamic state militants.
Baghdad wants to raise up to $6 billion in a series of U.S. dollar bond sales, though the first issue is expected to be much smaller, sources familiar with the matter told Reuters.
Citigroup, Deutsche Bank and JP Morgan are lead managing the issue, and will start investor meetings in the United Kingdom and United States of America, lead arrangers said.
Despite the political risks in Iraq, its status as OPEC's second biggest oil producer is expected to ensure buyers for its debt; its huge southern oil fields have not been directly touched by the fighting, and it has embarked on an ambitious multi-year plan to raise crude output.
Baghdad is expected to pay a high price for its borrowing, however; Iraq's outstanding U.S. dollar bond maturing in 2028 is trading at a yield of 10.37 percent.
Ahead of this month's sale, Iraq obtained its first sovereign credit ratings; Standard & Poor's and Fitch rated it B-minus, six notches below investment grade.
The government has projected a budget deficit of about $25 billion this year, in a budget of some $100 billion. (Writing by Archana Narayanan, Editing by William Maclean)
http://ift.tt/1KBVTnM
**********
Banking sources: government begins on Thursday to promote an international bond issue
08-09-2015 01:25 PM
Banking sources said that the Iraqi government will promote the campaign on Thursday for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against Sunni Islamist al Daash.
Sources familiar with the matter told Reuters that Baghdad want to combine up to six billion dollars in a series of versions of the bills dollar, but the first version is expected to be much smaller.
He Mrtbo versions of Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.
In spite of the political risk in Iraq, it is expected contribute Baghdad put the largest oil producer in the Organization of Petroleum Exporting Countries as the second (OPEC) to reassure buyers on entitlements and the large oil fields in the south of the country was not exposed to fight directly in addition to that Iraq adopt an ambitious plan will continue for several years to increase its production of oil.
It is Baghdad is expected to pay a high price for borrowing with a 10.37 percent return on Iraq's dollar bonds due in 2028.
Prior to the sale this month, Iraq won the first sovereign credit rating gave him his where Bretton Standard & Poor's and Fitch, a rating B- less than six degrees of investment grade rating.
The government expects a budget deficit this year, about $ 25 billion in budget worth about $ 100 billion.
- See more at: http://ift.tt/1UEdf2R
**********
Next Thursday .. Iraq begins to promote an international bond issue
Economy and Tenders Since 08/09/2015 14:14 pm (Baghdad time)
Baghdad scales News
Banking sources said that the Iraqi government will promote the campaign on Thursday for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against terror Daash.
The sources told Reuters that "Baghdad want to combine up to six billion dollars in a series of versions of dollar bonds, but the first version is expected to be much smaller."
Said Mrtbo versions that "Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States."
Although "of political risks in Iraq are expected to contribute to Baghdad put the largest oil producer in the Organization of the Petroleum Exporting Countries as the second (OPEC) to reassure buyers on entitlements and the large oil fields in the south of the country was not exposed to fight directly in addition to that Iraq adopts plan ambitious will continue for several years to increase its production of oil. "
It is expected that "Baghdad paid a high price for borrowing with a 10.37 percent return on Iraq's dollar bonds due in 2028" .anthy 29 / d 25 LINK
************
Iraq begins Thursday to promote an international bond issue six billion dollars
History of edits:: 2015/9/8 13:53 •
[Follow-where]
banking sources said that the Iraqi government will start promotion campaign next Thursday for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against Sunni Islamist al Daash.
Sources familiar with the matter told Reuters that "Baghdad want to combine up to six billion dollars in a series of versions of the bills dollar, but the first version is expected to be much smaller."
Said Mrtbo versions that "the banks Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.
"In spite of the political risk in Iraq is expected to contribute to Baghdad put the largest oil producer in the Organization of Petroleum Exporting Countries as the second [OPEC] to reassure buyers on entitlements and the large oil fields in the south of the country not exposed to fight directly in addition to that Iraq adopt an ambitious plan will continue for several years to increase its production of oil.
It is expected that Baghdad pay a high price for borrowing, where the yield 10.37 percent on the Iraqi dollar bonds due in 2028.
Prior to the sale this month, Iraq won the first his sovereign credit rating gave him Bretton where Standard & Poor's and Fitch rating B- a rating below six degrees of investment grade.
He was Finance Minister Hoshyar Zebari said in 22 of the last June that Iraq has begun promoting overseas bonds Tune six billion dollars.
The government's much-needed liquidity as it expects a deficit of about $ 25 billion this year in the size of the budget of about 100 billion Dolar.anthy
http://ift.tt/1UEdgnn
TF164: » September 7th, 2015, I THOUGHT ALLACK WAS DUE TO BE OUT BY OCTOBER 2015. WHEN HE GETS OUT SHABIBI COMES IN......IF THEY DON'T DO WHAT THEY NEED TO DO BY OCTOBER THEY WOULD BE BLACKLISTED WHICH WOULD SPELL DOOM FOR IRAQ. ...........
NOW WE FIND OUT SHABIBI WON'T BE BACK THIS YEAR, AND WE WON'T SEE AN RI UNTIL WE SEE SHABIBI........WHAT OF THE BLACKLIST????.IMO I THINK THE WHEELS ARE FALLING OFF.
LAST YEAR WHEN IT SEEMED THAT IRAQ COULDN'T PULL THE TRIGGER. I SUGGESTED THAT PERHAPS WE SHOULD JUST GO IN AND PULL IT FOR THEM. I WAS TOLD THAT SHOULD NEVER HAPPEN AS THAT WOULD BE DISRESPECTFUL TO IRAQ. THAT THEY HAVE TO DO THIS ON THEIR OWN.
WELL NOW WE APPEAR TO BE GOING IN TO IRAQ AND DOING JUST WHAT WAS SUGGESTED LAST YEAR........HMMMMMM..
**********
Dnari131: and if this is the case we can now see where the importance of the global markets fit in the grand scheme of things as it relates to the RI/RV imo
**********
PAPPA_J: DO WHAT DOROTHY AND CREW DID FOLLOW THE YELLOW BRICK ROAD!!!!! MONEY TALKS!!!!!!PERIOD!!!!!!
DAASSH IS NOT THE TARGET HERE ----IRAN IS!!!!!!!!!!!!!! IRAN IS TO STRONG FOR IRAQ TO PUSH THEIR TROOPS AND INFLUENCE OUT BECAUSE OF THE SHIITE RELIGIOUS SECT CONNECTIONS----
YES THEY NEED HELP ASAP, IF WE EVER WANT TO SEE DRS/ THE 12 EVER RI/RV----- THINK LONG TERM STABILITY ( DEAL THEY JUST MADE WITH IRAN IS REWARDING THE TRAINEE FOR POSITIVE STEPS/ OH OK PACIFICATION.
WHAT BETTER WAY TO KEEP TABS ON IRAN NOW THAN TO HAVE TROOPS ON THEIR BORDER--- THIS SHOULD BE TURNING ON SOME LIGHT BULBS ABOUT NOW!!! BTW--- SENDS MESSAGE TO WHOLE REGION---- SHOULD WORK, THAT IS IF WE CAN KEEP OUR OWN POLITICIANS FROM GOOFING IT UP AGAIN AS WAS DONE IN 2011!!!!
YES I AM TRYING TO CAUSE YOU TO TAKE A STRATEGIC VIEW OF WHAT IS HAPPENING IN IRAQ----- BAC DOC HAS ALREADY TOLD YOU IT IS NOT ALL ABOUT IRAQ!!!!!! COULD IT BE????? YEP!!!!! PJ
**********
Walkingstick » September 8th, 2015, 4:15 am
CBI News & Announcements
To / all ministries and departments not associated with the Ministry all (deposits in government institutions and private banks precautions to be taken)
08/09/2015
To / banks approved to exercise all banking (controls the import of foreign currency)
08/09/2015
http://ift.tt/1ei96fB
**********
Walkingstick » September 8th, 2015, 4:12 am
A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen the dinar
History of edits:: 2015/9/8 10:28 • [Baghdad - where]
a member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar.
Said Najiba Najib told all of Iraq [where] the more we were able to strengthen the country's economy will be reflected on the value of the Iraqi dinar against foreign currencies, noting that "if what has been compared to the Iraqi dinar to the dollar, it is not weak equal almost to a certain
extent." The main roads to strengthen the Iraqi dinar come through the diversification of sources of revenue because Iraq's dependence on oil only would negatively affect the economy, indicating that "monetary policy in the country need to measures by the central bank, either through deletion of zeros or the issuance of Banknotes small because they are necessary in a manner consistent with the economy and fiscal policy.
The prime minister Haider al-Abadi, said on 17 July, said that "the Iraqi currency reserved and have a great economic power, hard currency is because it is backed also that Iraq has the potential and capabilities and we have the blessing of oil," he said. "There is no fear on the exchange rate of the Iraqi dinar compared the US dollar, and the dollar will strike prices manipulators with an iron fist.
"It was announced in the parliamentary finance committee member Faleh in force, in 28 of last August, for delivery to the committee the public prosecution and the judge corrupted files money laundering related to money laundering and currency conversion to Aforeig.anthy
http://ift.tt/1KBVT7w
************
Iraq to start roadshow Thursday for international bond
DUBAI, SEPT 8 | BY HADEEL AL SAYEGH
Iraq's government will start an investor roadshow on Thursday for its first international bond issue in nine years, according to banking sources, as it seeks to finance a budget deficit caused by low oil prices and its war against Islamic state militants.
Baghdad wants to raise up to $6 billion in a series of U.S. dollar bond sales, though the first issue is expected to be much smaller, sources familiar with the matter told Reuters.
Citigroup, Deutsche Bank and JP Morgan are lead managing the issue, and will start investor meetings in the United Kingdom and United States of America, lead arrangers said.
Despite the political risks in Iraq, its status as OPEC's second biggest oil producer is expected to ensure buyers for its debt; its huge southern oil fields have not been directly touched by the fighting, and it has embarked on an ambitious multi-year plan to raise crude output.
Baghdad is expected to pay a high price for its borrowing, however; Iraq's outstanding U.S. dollar bond maturing in 2028 is trading at a yield of 10.37 percent.
Ahead of this month's sale, Iraq obtained its first sovereign credit ratings; Standard & Poor's and Fitch rated it B-minus, six notches below investment grade.
The government has projected a budget deficit of about $25 billion this year, in a budget of some $100 billion. (Writing by Archana Narayanan, Editing by William Maclean)
http://ift.tt/1KBVTnM
**********
Banking sources: government begins on Thursday to promote an international bond issue
08-09-2015 01:25 PM
Banking sources said that the Iraqi government will promote the campaign on Thursday for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against Sunni Islamist al Daash.
Sources familiar with the matter told Reuters that Baghdad want to combine up to six billion dollars in a series of versions of the bills dollar, but the first version is expected to be much smaller.
He Mrtbo versions of Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.
In spite of the political risk in Iraq, it is expected contribute Baghdad put the largest oil producer in the Organization of Petroleum Exporting Countries as the second (OPEC) to reassure buyers on entitlements and the large oil fields in the south of the country was not exposed to fight directly in addition to that Iraq adopt an ambitious plan will continue for several years to increase its production of oil.
It is Baghdad is expected to pay a high price for borrowing with a 10.37 percent return on Iraq's dollar bonds due in 2028.
Prior to the sale this month, Iraq won the first sovereign credit rating gave him his where Bretton Standard & Poor's and Fitch, a rating B- less than six degrees of investment grade rating.
The government expects a budget deficit this year, about $ 25 billion in budget worth about $ 100 billion.
- See more at: http://ift.tt/1UEdf2R
**********
Next Thursday .. Iraq begins to promote an international bond issue
Economy and Tenders Since 08/09/2015 14:14 pm (Baghdad time)
Baghdad scales News
Banking sources said that the Iraqi government will promote the campaign on Thursday for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against terror Daash.
The sources told Reuters that "Baghdad want to combine up to six billion dollars in a series of versions of dollar bonds, but the first version is expected to be much smaller."
Said Mrtbo versions that "Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States."
Although "of political risks in Iraq are expected to contribute to Baghdad put the largest oil producer in the Organization of the Petroleum Exporting Countries as the second (OPEC) to reassure buyers on entitlements and the large oil fields in the south of the country was not exposed to fight directly in addition to that Iraq adopts plan ambitious will continue for several years to increase its production of oil. "
It is expected that "Baghdad paid a high price for borrowing with a 10.37 percent return on Iraq's dollar bonds due in 2028" .anthy 29 / d 25 LINK
************
Iraq begins Thursday to promote an international bond issue six billion dollars
History of edits:: 2015/9/8 13:53 •
[Follow-where]
banking sources said that the Iraqi government will start promotion campaign next Thursday for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against Sunni Islamist al Daash.
Sources familiar with the matter told Reuters that "Baghdad want to combine up to six billion dollars in a series of versions of the bills dollar, but the first version is expected to be much smaller."
Said Mrtbo versions that "the banks Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.
"In spite of the political risk in Iraq is expected to contribute to Baghdad put the largest oil producer in the Organization of Petroleum Exporting Countries as the second [OPEC] to reassure buyers on entitlements and the large oil fields in the south of the country not exposed to fight directly in addition to that Iraq adopt an ambitious plan will continue for several years to increase its production of oil.
It is expected that Baghdad pay a high price for borrowing, where the yield 10.37 percent on the Iraqi dollar bonds due in 2028.
Prior to the sale this month, Iraq won the first his sovereign credit rating gave him Bretton where Standard & Poor's and Fitch rating B- a rating below six degrees of investment grade.
He was Finance Minister Hoshyar Zebari said in 22 of the last June that Iraq has begun promoting overseas bonds Tune six billion dollars.
The government's much-needed liquidity as it expects a deficit of about $ 25 billion this year in the size of the budget of about 100 billion Dolar.anthy
http://ift.tt/1UEdgnn
via Dinar Recaps - Our Blog http://ift.tt/1KBVTnQ
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