Bond Sale Is Subject to Stock Market Resiliency

The managing director of Securities and Exchange Organization said the government appraises the resiliency of the stock market when selling new bonds.
Majid Eshaqi said this in response to concerns of stock market investors who say that the government bond sales have indeed  drained liquidity out of the bourse, IRIB news said.
Main buyers of the bonds are banks and investment funds and rarely retail investors, Eshaqi said.