Bonds Worth $100m Sold

The government sold 23.2 trillion rials ($100 million) in Islamic bonds in the interbank and stock market in the weekly CBI auction.  
The auctions are held to raise funds for government spending amid deep decline in national revenue and the perennial budget deficits. 
According to the Central Bank of Iran public relations office, bidders were two banks who put in bids worth 4.4 trillion rials ($19 million).  The Economy Ministry accepted bids worth 1.9 trillion rials ($8m).