Iraq plans to sell bonds for the first time since 2006 as surging oil revenue pushes borrowing costs lower even as sectarian violence in the nation escalates. “We formed a committee to decide on the details for the bond issue , which will most probably be of medium- to long-term maturity,” Deputy Finance Minister Fadhel Nabi said in an Oct. 22 phone interview from Baghdad . “The joint committee from the Finance Ministry and the central bank will also decide on the timing, which can be within a year,” he said, declining to give more details. Iraq, with the world’s fifth-largest oil reserves, boosted income from crude sales by 23 percent from June to August and earned $6.5 billion in September, data compiled by Bloomberg show. The country is pumping 3.3 million barrels a day amid attacks that killed more people in the first nine months of this year […]