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Re: Matt Dillon post# 15612

Tuesday, 04/22/2008 11:38:45 PM

Tuesday, April 22, 2008 11:38:45 PM

Post# of 29692
seen this exert from an article a couple of years old.....

these methods adopted by the central bank is entering a seller of bonds in the financial market (banking) in order to control the liquidity and sinking rates and on this basis, the auction will be held every two weeks for transfers or bonds of the Central Bank of Iraq withdrawal (one hundred) billion dinars from the market ent in addition to a quarterly auction every three months to be withdrawn (180) billion dinar note that the term to maturity bonds auction is the first six-month term to maturity bonds, or remittances auction is the second year one and two first complemary in terms of the period of eligibility with the voucher auction by the Ministry of Finance which will be held every two weeks, but also the entitlement Hawwalath is three months.

http://translate.google.com/translat...nLl%26pwst%3D1
SO, as you can see this claimed Years ago, they were looking at pulling BILLIONS of Dinars from the market...

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