How many bonds were sold last year?

According to Tejarat News, according to the statistics of the Ministry of Economy, a total of 6.974 billion Tomans of securities were sold in cash.

So far, a total of 90,602 billion tomans has been financed through the issuance of cash bonds, about 26 percent through the money market and 74 percent through the capital market.

In addition to the said amount, 87,000 billion Tomans of Islamic treasury documents have also been published, which will be handed over to the recipients by the executive bodies.

Including Islamic treasury documents, the total performance of the publication (both cash and non-cash) up to the above date is equal to 177,602 billion tomans.

Also, in return for the amount provided through the issuance of cash bonds last year in the amount of 90.602 billion Tomans, the amount of 96.611 billion Tomans was paid by the Treasury of the whole country to settle the principal and interest of this year’s bonds.

Accordingly, the total liquidity absorbed by the government through the issuance of cash bonds is negative.

What effect does securities have on the stock market?

Hassan Kazemzadeh, a stock exchange expert, had previously said about the issuance of bonds: “In fact, the central bank injected money into banks for a short period of time.” But in the long run, it has raised money by selling government bonds. Bonds for which he receives money and bonds that the government gives to creditors instead of asking. The name of the first group of bonds is government bonds and the name of the second group of bonds is Akhza.

He continued: The volume of bond issues in August and September was very high. Meanwhile, the central bank also put fundraising on the market. So this did not have good consequences.

He also explained about Akhza: these bonds, which are also called contract papers, are usually taken from the government. The holder of the papers can do two things. The first is to hold the bonds until maturity and the second is to cash in the capital market. Funds, banks and other capital markets buy these bonds. Of course, it is not clear to the public how much of the securities have been cashed in the market.

Kazemzadeh said: “If the central bank sells the securities it bought from the government, even to a fund under its management, it is as if it has accumulated liquidity from the market floor.” It should be said that if the central bank does not follow the principle of timely timing of policies, inclusive marketing and management of banks’ behavior, the results will be dire.