The Central Bank of Iraq decided to launch Enjaz bonds worth 1.5 trillion dinars in implementation of the Financial Budget Law for the years 2023-2025.
According to a document, issued by the Central Bank, obtained by “Economy News”, “the issuance of public debt bonds is offered to the public in the name of completion bonds in the amount of 1.5 trillion dinars,” noting that the Central Bank issues this bond on behalf of the Ministry of Finance.
The document confirmed that the bonds in the first two categories 500 thousand dinars at an interest of 6.5% per year are paid every 6 months for two years while the second
One million dinars with an interest of 8.5% paid every six months for four years.
The sale of the bonds begins on April 15, 2024 to May 15, 2024, the document added.
Injaz bonds are the highest benefit after the reconstruction and build bonds, which reached an interest rate of 7% per year.
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