Sale of more than 75,000 billion rials of government bonds in the nineteenth auction
The central bank announced the results of the 19th bond auction held today.
In this auction, three banks and non-bank credit institutions registered their companies and orders worth a total of 9.2 thousand billion Rials through the interbank market system.
Following this registration, the order of the Ministry of Economic Affairs and Finance agreed to sell 9.2 thousand billion Rials worth of securities. According to this report, the value of bonds sold to real and legal buyers in the capital market was 66.1 thousand billion rials. A total of 75.3 trillion government securities were sold at the 19th auction.
According to the Central Bank, the twentieth auction of securities will be held on the second Tuesday of December 1400.
The bonds offered in the twentieth Murabaha auction are couponed with a 6-month interest payment frequency.
The order of banks and non-bank credit institutions will be sent in the twentieth auction through the interbank market system. The deadline for sending orders will be until 12 noon on Sunday, November 21st.
In this auction, Arad 92 with the maturity of November 1402 and the annual nominal interest rate will be 16% and the price of each bond will be one million rials. The supply amount will be 20.9 thousand billion rials.
The Ministry of Economic Affairs and Finance is not required to accept all bids received or the sale of all bonds offered at auction. The Central Bank sends the received orders to that ministry for decision and the said ministry determines the winning orders. Finally, the bonds are offered to all winners. According to the budget law of 1400, the Central Bank is allowed to buy and sell Islamic financial securities of the government in the secondary securities market. The brokerage of this bank, while providing the infrastructure for transactions and holding auctions, has no obligation to the volume and price of sold Islamic government financial securities and will not buy these securities in the primary market in order to finance the government.
In the 18th stage of the financial and Islamic securities auction, all securities offered by banks and other real and legal buyers were purchased. The sale value of government financial and Islamic securities was 108 thousand billion rials
IRNA