05 Jun 2016
(MENAFN) Iraq plans to sell USD 2bn in the last quarter of the year, when global aids came in, helping lower its costs of borrowing.
Additionally, the Opec nation predicts to receive in Sep USD 600mn from the Intl’ Monetary Fund, while the first tranche will reach USD 5.4bn.
Moreover, Iraq last sold global debt was in 2006, when it issued almost USD 2.7bn of bonds due in 2028 with a coupon of 5.8 percent.
The deal with the IMF should unlock a whole of USD 18bn in global assistance among three years.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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