Subscriptions Open for Iran's National Kimia Foreign-Currency Fund

The Iran Center for Exchange and Gold said in a report carried by Mehr on Tuesday, October 20, 2026, that subscriptions for the country's second foreign-currency fixed-income fund have opened at selected banks' foreign-currency branches. This starts the sale of units, a distinct step from the subscription licence previously announced.

Under terms announced on October 20, each unit costs $10 and each person may buy between 10 and 50,000 units. The center says principal and realized returns will be paid in foreign currency under the fund documents, with net asset value reported daily. The fund may invest in foreign-currency deposits and bonds.