LONDON - Iraq's dollar bonds fell on Monday as tensions between Baghdad and the Kurdistan Regional Government (KRG) escalated in the region of Kirkuk.
The 2028 sovereign bond fell almost 1 cent to a 2-1/2 month low and the 2023 bond fell 0.9 cents to a record low, according to Thomson Reuters data.
The Iraqi government and the KRG have been at loggerheads since a Sept. 25 Kurdish independence referendum, rejected as illegal by Baghdad.
(Reporting by Claire Milhench, editing by Karin Strohecker) ((claire.milhench@thomsonreuters.com; +44)(0)(207 542 3571; Reuters Messaging: claire.milhench.thomsonreuters.com@reuters.net))
The 2028 sovereign bond fell almost 1 cent to a 2-1/2 month low and the 2023 bond fell 0.9 cents to a record low, according to Thomson Reuters data.
The Iraqi government and the KRG have been at loggerheads since a Sept. 25 Kurdish independence referendum, rejected as illegal by Baghdad.
(Reporting by Claire Milhench, editing by Karin Strohecker) ((claire.milhench@thomsonreuters.com; +44)(0)(207 542 3571; Reuters Messaging: claire.milhench.thomsonreuters.com@reuters.net))
