Business And Markets
0

Gov’t Sells $240m in Bonds

Gov’t Sells $240m in Bonds
Gov’t Sells $240m in Bonds

The government sold 71 trillion rials ($240 million) in bonds during the weekly auction held by the Central Bank of Iran.
Unlike the past two rounds, banks made a bigger contribution but institutional equity traders dominated in the primary debt market.
Three lenders partook in the bond sale, putting bids worth 19.6 trillion rials ($65m), the CBI website said.

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