Bond Auction Weak

The government sold bonds worth 10.9 trillion rials ($40 million) at the weekly auction held by the Central Bank of Iran on Tuesday. 
A bank was the sole buyer at the interbank market putting in bids worth 5.9 trillion rials, according to a press release posted on the CBI website. 
The remaining bonds were bought by stock market investors during a weeklong period at yields ranging from 20.5% to 21.5% for two-year and three-year maturity bonds.