Adam Montana

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[Concerning Iraqi bond offering. If I understand correctly, Iraq has removed this offering because of lack of interest from the international community. If there is a lack of interest for bonds, how can IQD new value will be sustained?]

Did Iraq drop the bond offering due to lack of interest? Or did they never plan on fulfilling it, but wanted to see if there was interest? MY sources feel that there was plenty of interest, but in fact they never intended to sell. They were just testing the waters.

Whether that is the case or not remains to be seen… and

 I think we will know the answer after the HCL and RV is announced, because that’s when Iraq will show their cards.