Iraq's Ministry of Finance announced that Al-Rashid Bank has begun distributing the first semi-annual interest payments to holders of national bonds from the first issuance, confirming its commitment to the announced timetable in coordination with the Central Bank of Iraq, Al-Sumaria News reported on August 18.
The ministry explained in a statement that "this procedure enhances confidence in national bonds as a guaranteed savings and investment tool that contributes to supporting the national economy."
The ministry called on citizens, companies and institutions holding bonds to "visit designated bank branches to receive their entitlements."
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