Iranian central bank pledges oil-based bond issue

The Central Bank of Iran
The Central Bank of the Islamic Republic of Iran
Ensie & Matthias/Flickr

Iran’s central bank will issue bonds based on future oil sales, and has greatly increased the size of its foreign exchange interventions, its governor has reportedly said.

Governor Abdolnaser Hemmati said on August 12 that the central bank planned a new bond issue, based on future oil sales. Radio Farda reported. The exchange-traded fund (ETF) bonds would be based on oil exports to be delivered in two years’ time, the report said.

Iran’s president, Hassan Rouhani, also pledged to start issuing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: