CBI Raises $88m in Bond Sale

The government sold 20.3 trillion rials ($88 million) in bonds at the weekly auction on Tuesday held by the Central Bank of Iran. 
Earnings improved compared to the previous sale by 150% when it was 8.2 trillion rials, the CBI website reported. 
Almost half of bonds were bought by banks and credit institutions that put in bids worth 9.5 trillion rials for two-year bonds at 20.5%.