Iran plans to issue bonds worth $ 4.5 billion in energy projects
History of edits:: 2/26/2017

Iran plans to issue bonds worth $ 4.5 billion in energy projects
[Oan- pursue] The
Oil Ministry announced that her country Iran is seeking to put up bonds denominated in Rial and foreign currency worth up to $ 4.5 billion by March 2018.
The Iranian government wants to attract foreign investors after the lifting of sanctions on Tehran.
Iran has not seen any issues international bonds since the Islamic Revolution in late 1979.
He said the oil ministry website that Iran 's parliament on Saturday approved a clause in the Iranian year budget , which begins on March 21 , allows the Ministry of Petroleum bond offering three billion dollars denominated in Rial and hard currency.
He explained that under the last item in the new budget was approved on Saturday , the ministry can issue up to $ 50 trillion rials [$ 1.5 billion of bonds.
According to the text of the draft budget is used amounting to three billion dollars in bonds to pay off debts of the ministry and the list of bond projects amounting to 1.5 billion to finance oil and gas projects.
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