Auction of 1558 billion tomans of bonds by the central bank in the stock market

According to Iran Economist, in the seventh stage of bond auction, a total of one thousand and 558 billion Islamic financial bonds were sold in the stock exchange.

Last week, the Central Bank held the seventh stage of the auction of government Islamic financial bonds in 1402.

These bonds are issued by the central bank to implement economic policies and government programs and can be redeemed by the operating banks; In addition, the central bank guarantees the principal of the money and its profit for the buyer, and this factor gives more confidence for asset injection.

In this phase of the bond sale, the central bank has sold 1,588 billion tomans worth of bonds in the primary market, the stock exchange. The rate of return of these bonds was from 24.60% to 25.70%. The details of this report are as follows:

The bonds sold at this stage, in order to provide the liquidity needed for the purchase of goods and services of the executive bodies subject to expenditure and construction credits listed in table no. The 6-month payment has been published and offered on the Iranian exchange.

In the first stage of this auction, 13 thousand billion Tomans and in the second stage 5 thousand 337 billion Tomans of bonds were sold. In the third, fourth, fifth and sixth stages, respectively, 871 billion tomans, 1456 billion tomans, 1580 billion tomans and 2 thousand billion tomans of bonds were sold by the central bank.

The eighth stage of the bond sale in the stock market will be held on September 28.

end of message/