Gov't Sells $76m Bonds

The government’s bond offer was welcomed this week despite the main buyers (banks and institutional investors in the stock market) taking a back seat.
Debt worth 24.9 trillion rials ($76.6 million) was sold in the 22nd auction held by the Central Bank of Iran on Tuesday. 
Auctions are held by CBI on behalf of the Economy Ministry to raise funds for the government’s budget deficits.