Islamic Treasury Bills

EghtesadOnline: As per the budget law for the current fiscal (March 2017-18), the government should provide Road Maintenance and Transportation Organization, affiliated with the Ministry of Roads and Urban Development, with 8 trillion rials ($186.04 million) in Islamic treasury bills by the end of the year, a deputy minister of roads and urban development said.

EghtesadOnline: The Economy Ministry settled dues by paying 9.96 trillion rials ($280 million at market exchange rates) of Islamic Treasury Bills on Sunday. These were the second batch of such bills ever offered.