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CBI Logs Lowest Weekly Bond Sale in Three Weeks

CBI Logs Lowest Weekly Bond Sale in Three Weeks
CBI Logs Lowest Weekly Bond Sale in Three Weeks

The lowest bond sale was recorded Tuesday in the past three weeks during the weekly auction held by the Central Bank of Iran.
Out of the 76.7 trillion rials ($300 million) bonds on offer, investors bought 2.5 trillion rials ($10m), 88% less than the week before. 
Bonds are part of the government policy to raise funds for huge budgetary needs as it struggles with historic deficits due to the 2018 US economic sanctions.
 

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