SINGAPORE (Reuters) – Iran could sell off leading banks and state companies in a new privatization program, Emerging Markets magazine reported after interviewing the country's deputy central bank governor.

The magazine said that Mohammed Mojarrad had told it Iran's leadership was coming to the end of revisions to its constitution to allow the sell-off of state assets but it offered no direct quotes.

Mojarrad also said that Iranian companies like the National Petrochemical Company and the National Iranian Oil Company may also issue bonds, according to the magazine.

'Iranian corporates like NIOC, NPC, Iran Khodro and private banks are very interested to raise money in the market, so we might see corporate Iranian issuances in the future,' Mojarrad was quoted as saying.

U.S. Treasury Secretary Henry Paulson accused Iran on Saturday of financing terrorism and setting up front corporations to buy nuclear weapons. He said after a meeting of Group of Seven policymakers that it was important financial institutions 'did not inadvertently facilitate activities it would not now want to facilitate.'

The U.S. administration recently cut off of one of Iran's main state-owned banks from its financial system.

But while the U.S. has been trying to drum up support across Europe, other European nations say they need UN authority before taking any similar action.