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EDBI Issues Certificate of Deposit in Foreign Currency

EDBI will soon issue Certificates of Deposit for million 200.00 EUR.

As reported by EDBI's Public Relations, these CD's are negotiable, and issued in one-year, two-year, and three-year periods which are tradable after elapse of 6 months.
Central Bank of Islamic Republic of Iran has authorized EDBI to issue such negotiable and transferable Certificates of Deposits in foreign exchange in order to supply resources in foreign exchange from international money market.
It should be noted these CD's are issued in EUR and their related interests will be paid every 6 months