Economy, Business And Markets

$36m Interest Due on Iranian Bonds

$36m Interest Due on Iranian Bonds$36m Interest Due on Iranian Bonds

Over 1.33 trillion rials ($36.3 million at market exchange rate) of interest will be paid on all debt securities in circulation at Tehran Stock Exchange and Iran Fara Bourse in Dey (Iranian month started December 22), according to a Central Securities Depository of Iran’s executive. “There are over 50 types of debt securities in Iran’s capital markets. Some pay interest on a monthly basis, others on a quarterly one,” Shadrouz Khosravi told SENA.