Dollar cash- Ouacws via Pixabay
LONDON– 16 October 2017: Iraq’s dollar bonds fell on Monday as tensions between Baghdad and the Kurdistan Regional Government (KRG) escalated in the region of Kirkuk.
The 2028 sovereign bond fell almost 1 cent to a 2-1/2 month low and the 2023 bond fell 0.9 cents to a record low, according to Thomson Reuters data.
The Iraqi government and the KRG have been at loggerheads since a Sept. 25 Kurdish independence referendum, rejected as illegal by Baghdad.
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