Bonds Worth $132m Sold in Weekly Auction

The government sold 30.4 trillion rials ($132 million) in Islamic bonds in the interbank and stock market during the weekly auction on Tuesday.  As per an earlier announcement, it was to offer Murabeha bonds worth 50 trillion rials ($217m). 
According to the central bank’s public relations office, bidders this time were six banks who put in bids worth 20 trillion rials ($87 million).  The Economy Ministry accepted bids worth 13.6 trillion rials ($60m). 
Retail and institutional investors in equity market bought the remaining 16.8 trillion rials ($73 million) outside of CBI auction.