Gov’t Bond Sale Plunges by Half

Bond sale by the government was around 13 trillion rials ($43.3 million) in the last Iranian week – down 43% on the week before. 
Bond auctions are held every week to help plug the government’s budget deficits. The main buyers are banks, non-bank cr…

Bond sale by the government was around 13 trillion rials ($43.3 million) in the last Iranian week – down 43% on the week before.  Bond auctions are held every week to help plug the government’s budget deficits. The main buyers are banks, non-bank credit institutions, investment funds and...