Iraq, struggling with low oil prices and a war with Islamic State militants, may raise $2 billion in Eurobonds this year and will probably ask the International Monetary Fund for more aid. OPEC’s second-biggest oil producer may tap international bond markets in the second half of 2016, Finance Minister Hoshyar Zebari said in a telephone interview on Monday. A planned sale was halted last year because investors demanded yields that the government deemed too high. Iraq is rated B- by Standard & Poor’s, six levels below investment grade, on par with debt-laden Lebanon and Greece. The debt auction “is on the agenda,” he said. “We are in a better position this year to issue than last year, when interest rates were too high.” Iraq raised oil output last year by 20 percent to make up for lost revenue after crude prices plummeted. The government, which has forced Islamic State […]