The Central Bank of Iran has announced new guidelines for borrowing from the interbank market using collateral.
As per the instructions posted on the CBI website, lending to banks or opening credit lines for them by the CBI is possible only with appropriate collateral.
Collateral are of different types, but the regulator has given priority to some. Government-issued securities, foreign currency, gold, corporate bonds, shares and real estate are apparently preferred by the CBI. Equities and real estate have the lowest priority.
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