8th Islamic Treasury Bond Auction of 1405
The eighth government Islamic financing bond auction of 1405 was held on 28 July 2026 (6 Mordad 1405), and its result was announced on 1 August 2026. Of roughly 48,000 billion tomans of securities offered, only 8,870 billion tomans (about 18 percent) were sold, and no bank registered a purchase order. The buyers of the Arad 296 and Arad 297 bonds were financial institutions and capital market firms.
Recorded figures
- Status
- held, result announced
- Actual
- 8,870 billion tomans sold
- Volume
- 48,000 billion tomans offered
- allocation rate
- 18 percent of the offering
- bank participation
- none, no purchase orders registered by banks
- arad 286 rate
- 39.9 percent
- arad 296 sold
- 1,370 billion tomans
- arad 296 rate
- 39.58 to 39.8 percent
- arad 297 sold
- 7,500 billion tomans
- arad 297 rate
- 39.43 to 39.7 percent
- arad 283 rate
- not announced
- cumulative sold 1405
- 143,590 billion tomans across the eight auctions held so far in 1405
- next auction
- 14 Mordad 1405 (5 August 2026)
As of Aug 1, 2026
Sources
Related events
Central Bank to Issue First Standard Parallel Forward Coin Notes With 7 Percent Guaranteed Return
Iran's Central Bank said it will issue the country's first Standard Parallel Forward Coin Notes on 18 Shahrivar 1405 (September 9, 2026). The three month notes let buyers purchase a coin at its price discovered on the issuance day and claim its value at maturity, with a guaranteed minimum return: holders can exercise a put option to sell at maturity for up to 7 percent above the issuance day price. Offering details have not yet been published by the Central Bank or the Iran Mercantile Exchange.
13th Islamic Treasury Bond Auction of 1405
Iran's Central Bank held the 13th Islamic Treasury Bond auction on 11 Shahrivar (September 2, 2026). Per Ecoiran, of the four symbols offered (Arad296, Arad297, Arad299, Arad304), worth about 48 trillion tomans, only Arad304 found buyers, with 20,370 billion tomans in bids; total sales were lower than the previous three auctions.
- Offered volume
- حدود ۴۸,۰۰۰ میلیارد تومان از چهار نماد (اراد۲۹۶، اراد۲۹۷، اراد۲۹۹، اراد۳۰۴)
- Demand
- ۲۰,۳۷۰ میلیارد تومان فقط برای نماد اراد۳۰۴
Tehran Stock Exchange Government Bond Offering Sells 52 Percent (September 1, 2026)
At the latest government bond offering on the Tehran Stock Exchange, held Monday, 9 Shahrivar 1405 (August 31, 2026), only 52 percent of the 65,900 billion tomans in bonds on offer was sold. Boursenews reported the relatively low sell through rate signals softer market appetite for government debt amid currently high money market interest rates.
- Offered volume
- 65,900 billion tomans
- Status
- 52% sold
12th Islamic Treasury Bond Auction of 1405
Iran's Central Bank held the 12th round of this year's Islamic Treasury Bond auction on Tuesday, 3 Shahrivar 1405 (August 25, 2026). Per Ecoiran on 12 Shahrivar, the auction raised about 34 trillion tomans, more than 10 times the average financing raised under the previous sale method, with the yield reaching 41.9 percent. The next auction was held on 11 Shahrivar (September 2, 2026).
- Actual
- ۳۴ هزار میلیارد تومان (۳۴ همت)
- Rate
- ۴۱.۹٪
CBI Open Market Operation, Week Ending August 24, 2026
Iran's central bank accepted only 70 trillion tomans of banks' combined 419.96 trillion toman demand in the open market operation for the week ending August 24, 2026 (Shahrivar 2, 1405), equal to 16.6 percent of total demand. The value of agreements maturing in the same window was about 60.26 trillion tomans, and the open market rate was 23 percent, while the yield on unmet demand shifted to the overnight market rose to 24 percent.
- Demand
- 419,960 میلیارد تومان
- Volume
- 70,000 میلیارد تومان