Iraq Central Bank Fails To Sell T-Bills Worth $170M - Official

rocky at 00h33
01
Aug
2010
Iraq Central Bank Fails To Sell T-Bills Worth $170M - Official

Iraq Central Bank Fails To Sell T-Bills Worth $170M - Official

Iraq's central bank failed this month to sell two tranches of treasury bills, or T-bills, each worth up to $170 million, due to local banks' cash flow constraints, and is in talks for more international loans, a senior central bankcentral bank official said.

"Despite offering a high interest rate of up to 9%, banks were unwill
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01/08/2010 at 00h33 by "rocky"