The government sold 36.2 trillion rials ($121 million) worth of bonds in the latest weekly auction on Tuesday.
It was the biggest bond sale at 13 weekly auctions since May, the economy ministry reported.
Initiated in May 2021, the bond sale is part of the government’s effort to raise funds for its bloated deficits and banks, mutual funds and securities underwriters are invited to participate.
In contrast to weak bond demand in previous weeks, the bond sale was welcomed by equity investors as well as banks and credit institutions, although the role of the latter two was less.
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