Bloomberg, the US information firm, has been forced to stop offering trading in the Islamic Republic of Iran's new Eurobond because of US sanctions against Iran.

Prices for the Iranian €650m ($643m) bond wereÂ displayed on Bloomberg screens when it was launchedÂ earlier this month. But last week BloombergÂ suddenly stopped all trading functionality in the bonds in response to pressure from the US government, which has sanctions on all activities with Iran. Bloomberg is still displaying a static page showing the bond price and it will continue to write news, which is exempt from US sanctions.

Bloomberg abandons trading in Iranian Eurobond

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