Business And Markets
0

Gov’t Plans Bonds Worth $1.4 Billion

Gov’t Plans Bonds Worth $1.4 Billion
Gov’t Plans Bonds Worth $1.4 Billion

The government plans to issue 400 trillion rials ($1.4 billion) in bonds in the four months before the end of the fiscal year in March.
According to a press release of the Economy Ministry, selling  100 trillion rials ($357 million) is scheduled on a monthly basis.
The ministry said selling additional bonds beyond the amount set in the 2021-22 budget is based on “issued permits”. It was not clear who had given the permits.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com