EghtesadOnline: Municipalities in big cities issued a total of 49 trillion rials ($355 million) in participatory bonds during the first nine months (March 20-Dec 21) of current fiscal year.

EghtesadOnline: The government sold Manfa’at Sukuk bonds worth 40 trillion rials ($300 million) on Sunday to meet its budgeting needs for the fiscal year that ends in March.

EghtesadOnline: A report by the Central Bank of Iran on the participatory bond market said municipalities in major urban areas sold more than 12.5 trillion rials ($110 million) worth of participatory bonds up until the end of first quarter of the present fiscal year to June 21.

EghtesadOnline: Bond sales in the Persian Gulf sparked back to life this week, with Dubai’s Emaar Properties PJSC joining a growing pipeline of borrowers who may take issuance to a record this year.