Gov’t Sells $268m in Bonds

After a 2-month hiatus, the government’s weekly bond auction resumed Tuesday and was well-received by institutional buyers.
The government offered 100 trillion rials ($357 million) in debt of which 75.3 trillion rials ($268m) was bought by investors, according to a press release seen on the Central Bank of Iran website.   
On behalf of the Economy Ministry, the CBI is in charge of offering bonds to banks and credit institutions in the interbank market, plus to retail and institutional buyers in the equity market.    
The main buyers on Tuesday were retail and institutional traders in the stock market accounting for 87% or 66.1 trillion rials ($263m) of the total.