EghtesadOnline: Money and Credit Council, a top financial decision-making body, has approved regulations supervising the issuance of mortgage-backed securities, paving the way for all banks and credit institutions to tap into housing bonds.

EghtesadOnline: Iran’s agent bank of the housing sector has notified the Central Bank of Iran that it is ready to start the second phase of issuing mortgage-backed securities on a significantly larger scale, as the total value of offered bonds has been more than tripled to 10 trillion rials ($240 million).