Weekly Bond Sale at $126 Million

The government sold 36.6 trillion rials ($126 million) bonds in the last weekly auction held on Tuesday. Banks, non-bank credit institutions, investment funds and institutional investors in the stock market were the main buyers. 
Unlike last week, contribution of banks to the bond purchase was insignificant in the 14th weekly auction while fixed income investors were the main buyers. 
Bonds bought by retail and institutional buyers were 31.5 trillion rials ($108.6 million) and one bank purchased the rest, the Central Bank of Iran reported.