VOL. XLVI

No 39

29-September-2003

CAPITAL MARKETS

CBI Says Two State Companies Planning To Issue Eurobonds In 2003-04

The Vice-Governor of the Central Bank of Iran (CBI), Mohammad Mojarrad, told Reuters last week that two Iranian state-owned companies the National Iranian Oil Company (NIOC) and the National Petrochemical Company (NPC) were planning to issue two separate Eurobonds, probably of around $300mn each. Mr Mojarrad said on the sidelines of the World Bank and International Monetary Fund...