The Al-Rafidain Government Bank has formalized the issuance of national bonds, marking its first issuance of this financial instrument, with an aggregate amount of 2 trillion dinars. This initiative will be active from February 10 to March 10, 2025.
In alignment with the directives established by the Ministry of Finance and the Central Bank of Iraq, these bonds are structured in two distinct categories:
| Bond Category | Amount | Annual Interest Rate | Payment Schedule | Duration |
|---|---|---|---|---|
| Category A | 500,000 dinars | 6% | Every six months | 2 years |
| Category B | 1,000,000 dinars | 7.5% | Every six months | 4 years |
According to bank officials, these bonds will be available for purchase both by banks and the general public, including both natural and legal entities. Interested buyers are required to submit a request directly to the bank, accompanied by the necessary original introductory documents.
