Lawmaker Encourages People to Buy SGBs

Bahar Azadi gold coin bonds offered by the Central Bank of Iran in the stock market will help restore some stability to financial markets based on real assets, a spokesman of the Majlis Economic Commission said.
“Such measures are the norm in many countries. The CBI’s move in this direction is welcome news,” Mehdi Toghyani was quoted by IBENA news agency as saying. 
If the people put their trust in the sovereign gold bonds (SGBs) and other bonds they obviously avoid the risk of keeping coins and other valuable items at home, Toghyani said.