Kian Debt Market Observer

Iran’s government to issue Manfeat Sukuk with 20.5% rate

  • Following its foreign exchange rate controlling policy, Iran’s government issues Manfeat Sukuk with 20.5% rate and value of IRR 30tr in FaraBourse. Meanwhile, Kian Fixed Income Index (KFI Index) yield increased by 0.76% to 20.72%.
  • Islamic Treasury Bills transactions with the TKR “TB261” and “TB251” began with the YTM’s of 20.54% and 21.46% respectively and a total value of IRR 24.63tr.
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