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Iran's Insurance Authority to Issue Debt Securities

Iran's Insurance Authority to Issue Debt SecuritiesIran's Insurance Authority to Issue Debt Securities

Head of the Central Insurance company of Iran announced that 100 trillion rials ($716.84 million) worth of insurance debt securities will be issued in the near future. "Issuing insurance security is being pursued as a financing instrument for the insurance sector and after five meetings with the Securities and Exchange Organization and its Islamic Jurisprudence Committee, the measure was finally approved," Gholamreza Soleimani Amiri said.

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