Participatory Bonds
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Municipalities Raise $340m in Bond Sales
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.
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Municipalities Raise $110m via Bond Sales in Iran
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…
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Tehran Municipality to Issue $2.4b of Participatory Bonds
EghtesadOnline: Tehran City Council has ratified the issuance of participatory bonds worth 300 trillion rials ($2.4 billion) by the municipality to finance the expansion of the capital’s subway…
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Participatory Bonds Worth $310m Sold Last Year
EghtesadOnline: The latest data on the participatory bonds market in the last fiscal year (ended March 20, 2019) indicate that government and municipalities sold about half of the bonds issued…
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Iran: Participatory Bonds Generate $394m in 7 Months
EghtesadOnline: A report by the Central Bank of Iran shows that out of a total of 51 trillion rials ($504.9 million) worth of participatory bonds, 39.8 trillion rials ($394 million) were bought…