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Opportune Time for Launching OMO

Opportune Time for Launching OMO Opportune Time for Launching OMO

Conditions have never been as favorable as they are now for the Central Bank of Iran to launch the much-touted Open Market Operation policy, a financial expert says. 
Kamran Nadri said the market for government-issued securities is robust enough to launch the OMO because the government issued a bulk of securities in the previous years and plans to issue more in this fiscal (started March 21).
CBI Governor Abdolnasser Hemmati has often said that the regulator plans to launch the OMO in the current fiscal. In an Instagram post Friday he forecast positive results for the OMO if the government regularly sells bonds in the market.   

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