Iran offers $1.1 billion bonds for water, power projects
Azerbaijan, Baku, Feb. 19/ Trend F.Milad/
Iran's energy ministry will issue over 14 trillion rials (some $1.1 billion) in bonds for financing local water and power projects, Mehr news agency reported.
The bonds will be sold at Melli and Sepah bank branches nationwide as of February 20 for six working days.
The bonds with be offered with a 20 percent yield.