Business And Markets

Bond Sale Falters 

Bond Sale Falters 
Bond Sale Falters 

Bond sale by the government faltered this week as the main buyers, namely banks and institutional investors in the stock market opted out. 
On behalf of the Economy Ministry, the Central Bank of Iran barely sold 1.67 trillion rials ($5.3 million) bonds this week. 
According to data seen on the CBI website, the weekly bond sale plunged 95% on the week before and was the lowest sale since the weekly auctions started in May. 


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