Central Bank Accepts Just 16.6 Percent of Banks' 419.9 Trillion Toman Open Market Demand

According to Ecoiran, published Monday, Shahrivar 2, 1405 (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 Shahrivar 2, equal to 16.6 percent of total demand. The report said the acceptance rate was up slightly from two weeks earlier, when the central bank approved 60 trillion tomans of demand, but remained low overall. Ecoiran described the approach as a sign of the central bank's intent to contain liquidity growth amid the country's inflationary conditions. The report said the value of agreements maturing in the same window was about 60.26 trillion tomans, and the yield to maturity on part of the unmet demand that shifted to the overnight market rose to 24 percent, compared with 23 percent in the open market operation itself.