Is it time to invest in Iraq?
Some success in combating terrorist groups and a possible bottoming out of oil prices mean it could be time invest in Iraq, analysts have said. Iraqi bonds have made a partial recovery since January, but the market continues to price in an additional degree of risk, according to Alan Cameron, an economist at Exotix Partners. […]Some success in combating terrorist groups and a possible bottoming out of oil prices mean it could be time invest in Iraq, analysts have said.
Iraqi bonds have made a partial recovery since January, but the market continues to price in an additional degree of risk, according to Alan Cameron, an economist at Exotix Partners. The boutique investment bank issued a "buy" alert on Iraqi benchmark U.S.-dollar 2028 bonds on Tuesday, following a "sell" notice back in September.