Business And Markets

Banks Welcome Bonds 

Banks Welcome Bonds 
Banks Welcome Bonds 

The bond sale boomed this week thanks to contribution of banks and credit institutions but lack of interest from investors in the capital market. 
In the 11th auction on Tuesday, 32 trillion rials ($103 million) bonds issued by the government were sold. 
Most of the debt was bought by two banks, together putting bids worth 30.5 trillion rials ($98m) or 95% of the total, the Central Bank of Iran reported.  


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