Rules Set by CBI for Banks to Issue Bonds

Following an announcement by the Money and Credit Council, the Central Bank of Iran on Monday issued guidelines for the issuance of bonds by banks and credit institutions.
MCC, the top banking and monetary decision-making body in Iran, in mid-January gave banks the go-ahead to issue bonds to meet their funding needs. 
According to instructions posted on the CBI website, lenders can issue their own bonds via the secondary market albeit with CBI approval.