Kian Debt Market Observer

The largest corporate financing of the capital market to date with a yield of 23% annually.

  • This week, Iran Telecommunications Company issued Ijarah Sukuk with total value of IRR 8,000 bn, making this the largest corporate financing of the capital market to date. The effective rate of return on the bonds will be 23% annually for those who buy and hold them for one year. The yield is 20.7% and higher from Corporate Fixed Income weighted YTM which is 19.54%.
  • According to the CEO of Capital Market Central Asset Management Co., two licenses and two principle agreements have been issued for Ijarah and Murabaha Sukuk with a total value of IRR 4,600 bn and IRR 800 bn, respectively.

 

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