Government approval for issuing new T-bills to settle its debts
- Government has approved the structure for the issuance of T-bills with the value of IRR 20,000 bn (type 1) and IRR 1,000,000 bn (type 2). The fund to be raised are respectively supposed to settle its debt accrued by the end of 1396 and 1395.
- Treasury papers with TKR TB301 started their first day of trading this week. The papers were traded with YTM of 27.56% on Sunday.
- CEO of Iran Health Insurance Organization (IHIO) announced the approval of issuance IRR 10,000 bn worth of T-bills. The fund to be raised are supposed to settle IHIO debt to hospitals.
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