Business And Markets

Bond Sales Stutter

Bond Sales Stutter Bond Sales Stutter

Weekly bond auction data indicates a steep decline in investor interest in Islamic bonds issued by the government. 
The government on Tuesday sold bonds worth 7.1 trillion rials ($26 million) at the weekly auction held by the Central Bank of Iran. It was the lowest ever sale since weekly auctions were launched in June.
As per an earlier announcement, the CBI had offered bonds worth 52 trillion rials ($192m), according to the bank’s public relations office. 


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