Iranian Parliament Approves $20Bn Oil And Gas Bonds
The Iranian parliament has approved the issue of $20bn in bonds – $10bn by the Ministry of Petroleum and $10bn by the Central Bank of Iran (CBI) – to finance oil and gas projects in the budget for the current year, which began on 21 March. In previous years Iran has often announced bond issues to finance its hydrocarbon industry projects, but it has failed to give any follow up on how well...
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