KIAN DEBT MARKET OBSERVER

Average YTMs of debt securities dropped approximately 1% in line with the new directive issued by CBI for implementing the rate cuts. New Islamic Treasury Bills (Sakhab) with 6 maturities and total value of IRR 120 tr (USD 3100 mn)*…

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KIAN DEBT MARKET OBSERVER

According to the SEO's president, issuance and listing of new debt securities in the regulated market will be scheduled with regards to previous papers' maturities. With the arrangements between Securities and Exchange Organization (SEO) and Central Bank of Iran (CBI),…

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KIAN DEBT MARKET OBSERVER

Following the Money and Credit Council latest meeting, deposit rates will remain unchanged at 15%. Meanwhile, Islamic t-bills weighted average YTM's has dropped to a year-long low. According to the representative of Debt Management Department of Ministry of Economic Affairs…

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Kian Debt Market Observer

Investors await the policies of the new economic team of the government, as President Rouhani introduced proposed cabinet to Parliament for his second term, a few days after his inauguration. Secondary trades of Islamic treasury bills (TB08) with total value…

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SAIPA Investment Financing

Kian advised SAIPA Investment in raising $4m through structured sale of financial assets. SAIPA Investment sold $4m of DALBER with an embedded put option at the price of 1 Rial. The yield for investor stood at 23.5% at the end…

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Kian Debt Market Observer

According to the governor of Central Bank of Iran, banks and credit institutions are not allowed to pay more than 15% interest on deposits, the rate approved by the Money and Credit Council. The final interest rate on deposits will…

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