| 21.09.2007 Opalesque Exclusive: Babylon Fund first foreign investor admitted to Iraqi T-bill acution |
| British Virgin Islands based Godvig Capital Management, the manager of the Babylon Fund, says the firm was - as first foreigners - admitted by the Iraqi Central Bank to participate in the primary auction of Iraqi-dinar denominated 6 month and 12 month T-bills (BTW: there is no functioning secondary market). Godvig made the investment case for T-bills as annual net yields are running at approx |
| Article source: http://www.godvigcapital.com/ - Opalesque is not responsible for the content of external internet sites |