Uplift in Gov’t Bond Sale

Government bond sale rebounded this week as 132.5 trillion rials ($490 million) in debt was sold to banks, securities underwriters and equity market investors.
As per the data released by the Central Bank of Iran, the major buyers were retail and institutional investors in the stock market who bought 68.2 trillion rials ($252m).
Other buyers were six banks and credit institutions that put in bids worth 43.4 trillion rials ($160m) at the interbank bond auction platform.
The remaining debt worth 30 trillion rials ($111m) was bought by securities underwriters, the CBI said.