Investors Forsake Bonds

Government bonds found no buyers in the weekly auction for the second week in a row. 
Out of a total of 58 trillion rials ($207 million) bonds on offer on Tuesday only 1 trillion rials ($3.5m) were sold to one bank, the Central Bank of Iran said on its website. 
Similar to the week before, retail and institutional investors in the bourse, who usually are the main buyers of government bonds, stayed put.