"Tidbits From TNT" Tuesday Morning 12-21-2021

Dec 21

TNT:

Tishwash: The Central Bank offers the second issue of government bonds/Binaa Bonds Issue Two

Due to the expiry of the first issue of (Bena) bonds issued by the Federal Ministry of Finance and which were sold to the public, and the presence of urgent requests to launch another issue of the same bonds. The Ministry of Finance decided to launch the second issue with a value of (2) trillion dinars (two trillion dinars only) and by the same mechanism mentioned in our book No. 6/6/2916 on 10/24/2021

Therefore, we recommend commercial banks (governmental and private) to take the necessary measures and use tools that contribute to the promotion of these bonds, and help in receiving the public and facilitating their purchase requests for these bonds.

We would also like to point out that Paragraph No. (6) mentioned in our circulars above will be valid for only two days (Sunday and Wednesday) of each week until the end of the issuance period, which will be on 01/19/2022, with your banks continuing to receive public requests daily and also until the end of the issuance period .

We hope to take the necessary measures to make the process of promoting and selling these bonds successful, in a way that makes it very easy for those who want to buy them link

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Tishwash: The Central Bank offers the second issue of government bonds

The Executive Director of the Iraq Stock Exchange, Taha Abdel Salam, announced, on Tuesday, that the Central Bank of Iraq issued the second issuance of government bonds, "construction bonds" worth 2 trillion dinars.

The Executive Director of the market said in a news article published on the social networking page “Facebook” and followed by “Al-Iqtisad News”, that the Central Bank has launched the second issue of government bonds, “construction bonds” with a value of 2 trillion dinars, after the success of marketing the first issue by the bank, which will be listed. and traded in the Iraq Stock Exchange.

He added that the new issue is offered for public subscription as of December 20, 2021 through the Iraqi banking system, with the same mechanism of the Central Bank of Iraq issued in the book No. 6/6/2916 on 10/24/2021 and the subscription ends on January 19, 2022 Link

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Tishwash: Oil prices rise, Brent exceeds $ 72 a barrel

Oil prices recorded, on Tuesday, a noticeable rise, despite the continued concern of investors about the rapid spread of the Corona virus “Omicron” globally, which prompted countries to consider more restrictions that are likely to affect the demand for fuel.

Brent crude futures rose 59 cents, or 0.8%, to $72.11 a barrel.

US West Texas Intermediate crude futures also rose 73 cents, or 1.1%, to $69.34 a barrel.
Many countries are on high alert just days before Christmas and New Year celebrations, with Omicron infections multiplying rapidly across Europe, the United States and Asia, including in Japan. link

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Samson: A Kurdish delegation heads to Baghdad for talks to form a government

The Patriotic Union of Kurdistan revealed, on Tuesday, that a Kurdish delegation will head to the federal capital, Baghdad, next week, to meet with the political blocs and discuss forming the next government.

Union member Jamal Shukr told Shafaq News Agency, “There is a move to form a high-level delegation from the Patriotic Union of Kurdistan and the Kurdistan Democratic Party to go to Baghdad with one vision regarding the Kurdish entitlement in the next stage,” noting that “it is hoped that the delegation will head to Baghdad next week.” To meet with all the political blocs and discuss forming the next government.

Yesterday, Monday, the Deputy Speaker of the Parliament of the Kurdistan Region, Hemin Hawrami, announced the formation of four Kurdish forces to discuss with the political blocs in Baghdad the formation of the new government.

Hawrami said in a press conference held at the parliament building, which was attended by Shafak News Agency, that “the Kurdish forces agreed among themselves that there will be some kind of understanding on how to hold talks with Baghdad regarding the next government.”

He noted that “the Kurdish forces decided to form four committees, including a committee to prepare a joint paper for the government program and a committee for positions that belong to the Kurds.” link

Mot: --- heres a New One! -- ""Letters FROM Santa"" ~~~