Aversion to Gov’t Bonds Persists

October 11, 2020
banking

B ond auctions held Tuesdays by the Central Bank of Iran concluded with none of the legal or individual investors showing interest in the government bonds.

As per an earlier announcement, there were government bonds worth 67 trillion rials ($230 million) on offer on October 6 in the 19th auction of its kind.

The government has launched a series of bond auctions since May to sell Islamic bonds to banks and investment companies plus investors in the stock market.

financialtribune



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