Govt. ratifies issuance of $2.6b of securities

June 1, 2017 - 16:59

TEHRAN- Iranian cabinet, in their Wednesday morning meeting, approved issuance of 100 trillion rials (about $2.6 billion) of securities to finance domestic governmental projects, IRNA reported.

During the meeting, led by the Iranian President Hassan Rouhani, the minister approved that the ratified securities and Sukuk Islamic bonds will be issued to finance various projects implemented by different Iranian ministries and their affiliated companies.