WASHINGTON (Sputnik) — According to the release, a Iraqi sovereign bond is backed by a 100 percent guarantee by the United States government.
"Today’s issuance of a $1 billion, five-year Iraqi sovereign bond on international markets is backed by a 100 percent guarantee by the US government of the repayment of principal and interest, and was priced at a coupon rate of 2.149 percent," the release stated.
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