Iran starts selling bonds worth $410m to finance South Pars projects

Submitted by MNA on

TEHRAN,June 27(MNA) - Iran started on Monday offering 5 trillion rilas ($410 million) in bonds to finance its South Pars gas field development plans at Mellat Bank branches nationwide for 6 working days.

The 4-year paper will offer a tax-free 20 percent yield per annum.

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