Damascus-SANA
The Ministry of Finance announced the third auction of government securities for the year 2022 to issue two-year treasury bonds with a target range of 100 billion Syrian pounds, indicating that the auction will be held on Monday 10-10-2022.
The ministry explained in a statement published on its Facebook page that all natural and legal individuals have the right to participate in the auction by opening an account with any of the participating financial brokerage companies or with operating banks qualified to subscribe to treasury bonds. .
The ministry pointed out that the treasury bonds announced for subscription will be allowed to trade in the Damascus Stock Exchange, which gives them the advantage of liquidity in addition to benefiting from the interests that will be granted semi-annually at an interest rate that will be determined based on the submitted offers and which will be announced after the end of the subscription work.
It is noteworthy that with this issuance of treasury bonds, the Ministry of Finance has implemented the entire calendar of securities planned for the year 2022, with a total issuance value of 600 billion Syrian pounds.
Waseem Al-Adawi
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