Trading of oil deposit certificates will start from tomorrow/ introduction of two investment instruments

According to the economic reporter of Fars news agency, Seyyed Ahsan Khandozi said today in a live connection with the news section at 14:00 about the launch of two tools: gold bullion deposit certificates and oil and gas condensate certificates: previously, because the necessary tools for people’s investment and protection from There was no currency and inflation turbulence, liquidity went to markets such as currency, coins and gold or real estate, and today we have launched two new tools for investment.

According to the Minister of Economic Affairs and Finance, after months of efforts, today we managed to launch the gold bullion deposit certificate in the commodity exchange and the oil and gas condensate deposit certificate with actual delivery in the energy exchange, which in the first step is 36 million barrels of crude oil as capacity. The deposit of oil bonds has been taken into account and we will increase this figure in the future with the boom of transactions.

He stated that the purpose of presenting oil and gas condensate deposit certificates is the domestic sale of oil based on Rials and said: Some people are looking for a tool to protect their assets from inflation and currency fluctuations, in this context gold bullion tools and oil deposit certificate tools And gas condensates are designed to make bullion and gold deposits a safe and attractive asset for investors who can be protected from turbulence.

He said the most important advantage of investing in gold bullion certificates of deposit is: retail investors can buy gold bullion certificates with any amount of their savings and invest in a transparent, competitive market with full confidence, because gold bullion warehouses are under the exchange key. Iranian goods are safe and banks are guarantors of payment, and warehouse receipt certificates are issued to buyers, and for savers, it is a new tool that instead of moving small savings to the housing market, which puts pressure on people’s lives and speculation, or moving to On the side of the currency market, which causes a decrease in the value of the national currency, these two instruments can be introduced as investment alternatives.

The Minister of Economic Affairs and Finance said: Gold deposit certificates can be traded in the stock market from today, and in the presence of the first vice president, the purchase and sale of this new tool was done. Regarding the oil and gas condensate deposit certificate, it will start tomorrow, Monday, March 22, in the first phase. Companies and legal entities can buy this certificate of deposit for shipments of 1000 barrels of crude oil. Small people can buy through shareholding and indirectly by participating in oil companies. Buy crude oil deposits and gas condensates.

Khandozi also said: Unlike the previous procedure, when these plans were not implemented in the country and the transactions were only paper and there was no oil involved, but this time the physical and actual delivery of oil can be done inside the country with Rial transactions, and these shipments are combined And becoming a larger cargo can be targeted for export and buyers can negotiate with foreign parties and be oil exporters themselves.

He also said: The country’s energy exchange should be strengthened, so that buyers from other countries can trade through Iran’s energy exchange, and in this context, the Iranian rial should be strengthened, and investors can be protected from turbulence.

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