Business And Markets

Weekly Bond Sale Meager

Weekly Bond Sale Meager
Weekly Bond Sale Meager

The government generated 284 billion rials ($896,000) in the last weekly bond auction held by the Central Bank of Iran on Tuesday. 
Auctions are held by CBI on behalf of the Economy Ministry to raise funds for the government’s budget deficits.
Buyers of government debt usually are banks, non-bank credit institutions, investment funds and institutional investors in the stock market. 


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