walkongstick Correct Heading: Iraq get a credit rating attracts investment
Frank26: Well done WS.
Saw this .......... Saw postings on it ......... Smiled but i too wanted to scream.
Looks like You took the first step to help and explain to our KTFA FAMILY.
Indeed Sir .......... Well done. FAMILY ........... Domestic BONDS are telling You things.
Aprilgold: Congratulations Iraq,we have been waiting for this
IslandG1211: HERE WE GO: A- Credit Rating! That's SERIOUS monetary reform!
AnnM.: I know some of you are saying because of the bonds being released from the beginning of the month and ends on end that we shouldn't expect any increase in September.
However, the last time they released the bonds at 1166 they fell flat on their face because no one wanted to buy bonds, especially the citizens, at a lame program rate.
IMO, I think they have to raise the value before or at least at the same time as the bonds being released at the first of September. Ann
Lexi: They said they are selling them at 1095 but that's not much better than program rate imo. Kinda wondering if they will fall flat on their face at that rate but who really knows except probably a couple people that are owning this right now
McDan: IMO THE CBI is sell Dinar for $1095 per million Dinar at interest by the way of Bonds . The amount of Dinars is over 2 trillions of Dinar . They said they want to call the bonds in before maturity if I am remember the other posts that has come out on the Bonds
IMO THE DEAL the same thing we have been doing , but you will draw interest on your investment. The same as placing your Dinars in a Iraq bank with less risk.
Shade :so did Iraq receive "a" credit rating (B-) or did they receive A- credit rating?
IMO, the article looks like it's says they received "a" credit rating which is B-
DELTA: HELLO FAMILY: IT'S B-, AND NOT A-......... WRONG TRANSLATION AS USUAL.
THE CBI DID EXTEND THE SELL OF BONDS ANOTHER MONTH, UNTIL THE END OF SEP!!!
SO MY Q TO YOU FAMILY IS..... WHY DID THE CBI DO THAT ?
Notthe1: CBI imo ,.. does not like the rating .... waiting for a better day.
DELTA: NO IT'S NOT THE RATING!!! WE WILL SEE WHO WILL GET THE RIGHT ANSWER !!!
Shade: Delta: Is it because they did not sell well the first time but now, with reforms in high speed, people have more confidence and may be willing to buy?
McDan: It keep the rate at appox .91 cents after dropping the three zero off of the .0009 rate. IMO
JR1353: Delta .. is it possibly to get the citizens into the banks .. and to develop a need for the Dinar, in-country? Or, could the bond sale, be to help cover its budget deficit? (with oil prices falling)
Zerb: to allow the dear Dr. to raise the value to the correct rate on sept 1...dearest Delta Sir! Billions and billions is just pouring back into Iraqi banks. Give the citizens purchasing power and release the LD's. Countries surrounding Iraq also need help NOW!
Cinderella1906: Delta would it be they are in short supply of dinar and need to pull some in.
Rlnbwtk: Delta, they want the citizens to bring in more of their currency and are offering a rate of 1096(?) to entice them before they raise the three ooo's. possibly.
Alan: I don't think it's about the rate change. I think the banks want to get more people in the banks to inquire about bonds. Once there in the banks now you can talk about opening accounts and loans.
Lexi: Is it because they are still not ready to release the new rate and this can buy them more time?
Iggy: maybe they need to raise the rate?
JR1353: Delta .. could the sale of domestic bonds, be laying-the-ground-work, for the up-coming sale of international bonds?
JustinandDeb: Delta …For a RI in country so that the citizens can buy the bonds followed be a RV so the bonds can be sold internationally to us.
NanaCarol: So that all of those citizens who made it to the Green Zone making it more secure will have a chance to participate as they enjoy the new value of their currency.
DELTA: WITH THE CBI GIVING ANOTHER MONTH AT 1095 TO SELL BONDS, SEP IS OUT THE WINDOW, OUR NEXT TARGET WILL BE OCTOBER.
FRANK26 : Due to traveling back from Hawaii … we will not be having a cc on August 31st.
We will be here on the 17th and the 24th
On September the 1st – AggieDad will be doing a Bible Study.
On Wednesday, September the 2nd – we will do the cc that we missed on the 31st of August.
Millionday THE BANKING FORUM IS IN TWO WEEKS AND IS A PRESENTATION OF IRAQ`S ECONOMIC REALITY AND THE BANKING DEVELOPMENTS -- OBVIOUSLY INTERNATIONAL AS IT IS A GLOBAL FORUM.
THE OPERATION OF INTERNATIONAL BANKING WILL BE REVEALED. SO THIS IS TO BE RELEASED INFORMATION OF THE NEW BANKING REFORM OBVIOUSLY DUE TO THE CONTENT AND FOR IT TO BE IN JUST TWO WEEKS -- THIS IS EXCITING.
THE INTERNATIONAL BANKING SHOULD LOGICALLY COME AFTER INTERNATIONAL ACCEPTANCE.
THE DINAR SHOULD BE INTERNATIONALLY ACCEPTED BEFORE GLOBAL BANKING BUT WE WILL HAVE TO WAIT ON INK.
Iko Ward: So, Forex polled up 6.7 to 1126.1. Let's see what China does around 10PM.
ExtremeBusiness: If all the reforms are completed like the Monitary reform (REVALUATION OF CURRENCY) then what are we waiting for.....so many people have exchange and using the exchange money make one wonder.....
Sarek: So let's focus on all the yummy stuff that has and is happening..now......rates are changing in our favor...Abadi is working his tush off....China is pulling triggers....currency's are looking super....tony and Bruce's super calls last week....so many things happening
SassyD; "When you don't like the way things look, change the way you look at things."........ Weed out the Negative.... Feed the Positive !!
Daz: I CANT EVEN BELIEVE WE STILL HAVE THESE CONVERSATIONS AFTER TWO YEARS….THEY TURNED THE MONEY OFF AS A TOOL TO ACHIEVE A GOAL...WHEN THOSE GOALS ARE MET THEY WILL TURN THE MONEY BACK ON...JUST HOPE YOU ARE HOLDIN IT WHEN THEY DO