Interest Reemerges in Bond Market

After months of stress and absence of buyers, Tehran’s bond market is showing signs of coming back as investors of fixed income assets display renewed interest in buying government bonds.
In the latest auction held during the week ending August 22 by the Central Bank of Iran, the government sold 87.6 trillion rials ($340 million) in Islamic bonds, the highest weekly sale since the beginning of current fiscal year in March, the CBI website reported.  
Majority of the bonds were bought by underwriters and investment companies while retail and institutional investors in the bourse plus banks came forward.