Salaf Securities Worth Over $430m Sold via Iran Energy Exchange

The Economy Ministry has procured 50 trillion rials ($438 million) for financing oil projects by selling standard parallel salaf contracts via Iran Energy Exchange (IRENEX). 
In the first round of initial public offering, the energy bourse hosted salaf securities worth 25 trillion rials ($213.6 million) earlier in September. 
The pack was sold during a two-day offering when investors bought 1.7 million securities worth 13 trillion rials on the first day and the rest on the second day, IRNA reported.