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Currency Bonds to Help Fund Projects, CBI Says

Currency Bonds to Help Fund Projects, CBI Says
Currency Bonds to Help Fund Projects, CBI Says

The Governor of the Central Bank of Iran Ali Salehabadi said the CBI will soon issue forex-backed bonds to fund development projects. 
CBI officials have recently spoken about plans to issue forex bonds but have not provided details. 
In a talk with IRNA, Salehabadi shed light on the rare move. “The bonds by nature are project-based, i.e. they will be used to finance a project that generate forex revenue,” he was quoted as saying.  
 

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