Gov't Weekly Bonds Sale at $120m

The government sold bonds worth 30.7 trillion rials ($120.3 million) in the previous week during the bond auction held by the Central Bank of Iran. 
Buyers at the interbank market were two banks and credit institutions, which placed bids worth 3.5 trillion rials ($13.7 million), which was significantly lower than 16 trillion rials (62.7 million) in bond sale at the interbank market last week. 
This week's auction featured a larger number of retail and institutional investors in stock market to the bond sale, as they bought 19.3 trillion rials ($75 million) in bonds. The share of retail and institutional investors was zero in the previous auction.  
Underwriters were the next buyers. As per CBI data, security underwriters bought bonds worth 8 trillion rials ($31.6 million).