The amount of bonds sold by the central bank was announced in the stock market – Tejaratnews

According to Tejarat News, the Central Bank held the sixth stage of the auction of government Islamic financial bonds in 1402 last week.

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.

The sale of bonds in the stock exchange reached 2 thousand billion tomans

At this stage of the bond sale, the central bank has sold 2 thousand 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 number (7) of the budget law of the year 1402 of the whole country with a maturity of 5 years, with an annual interest rate and with payment dates 6 months, published and offered on the Iranian exchange.

The amount of bond sales in the first and second stages

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 and fifth stages, respectively, 871 billion tomans, 1456 billion tomans and 1580 billion tomans of bonds were sold by the central bank.

The next stage of selling bonds in the stock market will be done on September 21.

Source: Fars