Possibility of reopening Corona bonds in OTC

Neda Bashiri, Director of New OTC Financial Instruments: At the request of the Ministry of Health and with the approval of the Stock Exchange and Securities Organization, it is
possible to reopen the corona bonds on the OTC.
Dr. Minoo Mehrz: It is more necessary to invest in Corona bonds for drug production and mask production.

The bars of gold quoted Tasnim second session of the Board of Trustees spending debt charity Corona 1 and Corona 2 last week, the Ministry of Health was held, during which we get the views of members on the instructions spending bills Corona and review proposals and priorities received from the deputy Health, Treatment and Pasteur Institute, a report was presented on the amount of resources obtained from corona bonds and setting a ceiling on the amount available for its operation.

In this meeting, the director of new financial instruments of OTC Iran, stating that at the end of May this year, the time period related to the purchase of Corona charitable bonds has ended and the symbols of Corona 1 and Corona 2 has been stopped, said: At the request of the Ministry of Health and the regulatory body Securities It is possible to reopen these securities.

According to Ms. Neda Bashiri, the green days of the capital market are a good opportunity to use the capacity of this market and the help of shareholders and investors to deal with this disease.

Also in this meeting, Seyed Kamel Taghvinejad, Deputy Minister of Management Development, Resources and Planning of the Ministry of Health, welcomed the proposal to reopen Corona 1 and Corona 2 papers and added: "Due to the re-outbreak of Corona virus in the country and the infection of many compatriots and even medical staff." Gathering resources through the capital market will help research and development to produce drugs and fight the disease.

The representative  of Novin Capital , who is in charge of Corona charitable bonds as the trustee, presented a report on the amounts collected from the location of these bonds and said: In Corona 1 charity bonds until the end of the purchase period of these bonds, ie May 31, the amount is 5 billion and 457 million Tomans. Collected and deposited in the account of the Ministry of Health.

Seyed Saeed Tolit Joshaghani stated: In Corona 2 charitable bonds where the payment of interest to the Ministry of Health from the place of investing the collected funds, we have witnessed the accumulation of capital of 14 billion and 600 million Tomans and so far from the place of investing the collected amounts of Corona 2 digits close One billion tomans, which was due to the monthly profit of investing these bonds in a fixed income fund, has been transferred to the account of the Ministry of Health.

Hossein Abdo Tabrizi, who was present at the meeting as a member of the Board of Trustees of Corona Charitable Bonds, pointed out that the Board of Trustees should decide as soon as possible on the cost of these bonds according to the inflationary conditions of the country's economy. And the development of drug production, the purchase of essential equipment such as masks and assistance to the families of medical staff who have died of coronary heart disease can be considered to cover the cost of the coroner's collection.

In another part of the meeting, the Deputy Minister of Research of the Ministry of Health criticized the situation of the corona epidemic in Iran and other countries and said: In the months that have passed since the outbreak of this disease worldwide, various drugs have been tested to combat this disease and now The results of studies show that two drugs have the greatest effect on patients' recovery.

Reza Malekzadeh stressed: "With the money collected from these papers, research and experiments should be started for the local production of these drugs in the country, so that next year it is predicted that one billion people in the world are prone to coronary heart disease and 350 million people are in need." We can use the internal capacities to improve the patients and medical staff of the country and have the least need for imports.

According to the official, the process of producing medicine is shorter than the production of vaccines, and the cost of using the resources collected from corona papers to produce medicine and save the lives of patients is faster.

A member of the scientific committee of  the Corona Anti-Coronation Headquarters also announced the high prevalence of coronary heart disease in the country and added: "While in the past, some family members may have had coronary heart disease, but now some whole family members and many medical staff suffer They are 19.

Minoo Mehrz pointed out that the needs to deal with this disease are very high, he said: It seems that investing the collected amounts of corona bonds on the production of a drug that has a great chance to save the lives of patients and also the production of masks, is more necessary.

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