Business And Markets

CBI's Weekly Bond Sale at $120m

CBI's Weekly Bond Sale at $120m
CBI's Weekly Bond Sale at $120m

During the latest round of bond auctions held by the Central Bank of Iran this week, the government sold bonds worth 30.3 trillion ($121 million).
This week's auction featured a bigger participation of institutional and retail investors in the stock market, as they bought almost half of the bonds. 
At the interbank market, four banks and credit institutions, and three financial entities, including investment funds, put in bids worth 18.7 trillion rials ($74 million). Only four bids worth 15.8 trillion rials ($63 million) were approved by the Economy Ministry. 


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