Iraq bondholders eye default risk as conflict escalates


  • World
  • Friday, 20 Jun 2014

LONDON (Reuters) - Escalating conflict in Iraq is making holders of the country's international debt nervous about whether they will get repaid.

The size of Iraq's dollar debt is relatively small - a $2.7 billion (1.58 billion pounds) bond launched in 2006 in a restructuring of Saddam Hussein-era commercial debt.

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