Serenierre
Established Nation
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GOVERNMENT OF SIKANDARA COUNCIL FOR THE TREASURY |
OFFICIAL STATEMENT |
The Imperial Government shall be conducting an auction of Imperial Treasury Bonds on the 10th of August. The Imperial Government shall be issuing bonds of several yields and of differing length. The details of the bonds can be found by lodging a formal request with the Imperial Treasury. The Imperial Government is looking to spend the funds on social infrastructure projects and other matters of vital importance, such as the construction of additional dams for storage and power generation. The State shall issue bonds worth 28,350,000,000 ashrafi (*400 million current USD). The interest rates shall be fixed for the entire duration of the term, in accordance with Article VI(b) of the Treasury and Bonds Ordinance 1944. |
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