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The Ministry of Finance announced the fourth government bond auction of the year, which will be used to subscribe to 5-year government bonds with a target range of 250 billion Syrian pounds.
The ministry said the auction will be held on Monday, August 5 next year, with the settlement day being the 13th of the same month.
In addition to natural and legal persons, private and public operating banks and qualified financial brokerage companies are entitled to directly participate in the auction of these bonds by opening an account with any financial brokerage company or any operating bank eligible to subscribe.
It is worth noting that the security can be traded on the Damascus Stock Exchange, which gives it a liquidity advantage, in addition to the benefit of interest paid every six months at a rate determined by the quotation, which has been submitted and will be announced after the subscription work is completed.
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