Home > Salary > Iraq > Underwriter Municipal Bonds
An underwriter in municipal bonds is responsible for assessing the creditworthiness and risk associated with issuing bonds for local governments and other public entities. They evaluate the financial health, debt levels, and repayment capacity of these entities, and determine the interest rates at which the bonds can be sold to investors. Underwriters also help structure the bond issuances, including determining the maturity dates, coupon rates, and other terms. They collaborate with investment bankers, financial advisors, and legal teams to ensure compliance with regulatory requirements and market conditions. Additionally, underwriters may assist in marketing the bonds to potential investors and provide ongoing support throughout the bond issuance process. This occupation requires strong analytical skills, knowledge of financial markets, and an understanding of government finance.
Estimated Yearly Salary: 21,472,962 IQD
Estimated Monthly Salary: 1,789,414 IQD
Estimated Weekly Salary: 412,942 IQD per week
Estimated Hourly Salary: 10,324 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,728,506 IQD
Estimated Weekly Salary: 398,886 IQD per week
Estimated Hourly Salary: 9,972 IQD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 14,515 USD
Estimated Monthly Salary: 1,210 USD
Estimated Weekly Salary: 279 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 21,472,962 IQD
Estimated Monthly Salary: 1,789,414 IQD
Estimated Weekly Salary: 412,942 IQD per week
Estimated Hourly Salary: 10,324 IQD per hour
By working as Underwriter Municipal Bonds a person can save up to 970 USD per month or 11,635 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Underwriter Municipal Bonds
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Municipal Bonds salary in Iraq
Average Yearly Salary of Underwriter Municipal Bonds in Iraq is approximately 21,472,962 IQD (14,515 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Underwriter Municipal Bonds do?
An underwriter in municipal bonds is responsible for assessing the creditworthiness and risk associated with issuing bonds for local governments and other public entities. They evaluate the financial health, debt levels, and repayment capacity of these entities, and determine the interest rates at which the bonds can be sold to investors. Underwriters also help structure the bond issuances, including determining the maturity dates, coupon rates, and other terms. They collaborate with investment bankers, financial advisors, and legal teams to ensure compliance with regulatory requirements and market conditions. Additionally, underwriters may assist in marketing the bonds to potential investors and provide ongoing support throughout the bond issuance process. This occupation requires strong analytical skills, knowledge of financial markets, and an understanding of government finance.
Skills: underwriter, municipal bonds, credit analysis, risk assessment, bond issuance, financial markets
Job industry: Finance
Job industry: Finance
How much does Underwriter Municipal Bonds make?
Salary details
How much does Underwriter Municipal Bonds make?Estimated Yearly Salary: 21,472,962 IQD
Estimated Monthly Salary: 1,789,414 IQD
Estimated Weekly Salary: 412,942 IQD per week
Estimated Hourly Salary: 10,324 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 20,742,072 IQDEstimated Monthly Salary: 1,728,506 IQD
Estimated Weekly Salary: 398,886 IQD per week
Estimated Hourly Salary: 9,972 IQD per hour
Last revision of data: 2024-01-02Underwriter Municipal Bonds estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 14,515 USD
Estimated Monthly Salary: 1,210 USD
Estimated Weekly Salary: 279 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Municipal Bonds job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriter Municipal Bonds in Iraq earns on average:
2.63 times the average salary (or 263% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Municipal Bonds job salary compared to average salary in Iraq.
Comparison shows that a person working as Underwriter Municipal Bonds in Iraq earns on average:
2.63 times the average salary (or 263% of average salary).
Is Underwriter Municipal Bonds a well paid job?
Yes, our data show that Underwriter Municipal Bonds is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Municipal Bonds?
High salary for Underwriter Municipal Bonds would be somewhere between 23,620,258 IQD and 31,135,795 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Municipal Bonds in Iraq?
Living in Iraq the approximate monthly expenses are: 240 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 21,472,962 IQD
Estimated Monthly Salary: 1,789,414 IQD
Estimated Weekly Salary: 412,942 IQD per week
Estimated Hourly Salary: 10,324 IQD per hour
By working as Underwriter Municipal Bonds a person can save up to 970 USD per month or 11,635 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriter Municipal Bonds
Iran is 19,056 USD
Jordan is 22,866 USD
Kuwait is 32,391 USD
Saudi Arabia is 66,617 USD
Syria is 8,842 USD
Turkey is 25,513 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Sheet metal worker (5,768,141 IQD per year, pre-tax.)
Electronics tester (5,516,388 IQD per year, pre-tax.)
Business supervisor (7,895,672 IQD per year, pre-tax.)
Network analyst (7,570,685 IQD per year, pre-tax.)
Vice president (vp), sales marketing (23,554,612 IQD per year, pre-tax.)
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