Iraq: Activate Trading Rights of the Debt Through Bonds
|October 1, 2014||Filled under Iraq News|
Iraq News –
Mostafa Hashemi called economic expert, Dr. appearance of Mohammed Saleh to activate the financial market through the launch of the trading rights of the debt through bonds issued by the Ministry of Finance, along with Treasury Notes.
Saleh explained in a statement (morning) that are traded in the Iraqi market for securities is bonds ownership and not IOUs, noting that trading on these two types of bonds together will lead to the revitalization of the stock market and serve the local economy are the biggest.
He stressed that the launch of such trading will lead to activating the movement of money and the movement in the Iraqi market for securities.
And pointed out that Iraq lacks makers, financial market as it is possible to use international expertise in this field, it is necessary to expand this aspect down to the savings and Aktnazac audience as There are large sums of money deposited in banks are not invested properly.
Also pointed out that it is possible to issue sovereign bonds first two types are sold at a discount and sold second-rate, and both lead the same purpose in terms of trading in the Iraqi market for securities.
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