Reuters: Iran will issue bonds worth 2 billion euros ($2.48 billion) to help finance development of its petrochemical industry, the Oil Ministry website SHANA reported on Monday.

TEHRAN June 21 (Reuters) - Iran will issue bonds worth 2 billion euros ($2.48 billion) to help finance development of its petrochemical industry, the Oil Ministry website SHANA reported on Monday.

"In order to finance the development of Iran's petrochemical units ... Iran will issue 2 billion euro bonds in cooperation with the Melli Bank," Shana reported, without giving further details. (Writing by Parisa Hafezi, Editing by Anthony Barker)