5% drop in bonds YTM during the past month.
- New Islamic treasury bill was issued with value of IRR 40,393 bn and 2 years maturity. Based on trades on offering date, YTM of these papers is 29.4%.
- By the end of September 2018 and after maturity of 1-year deposits, CBI has not declared an official policy on interest rate of bank deposits. An overview on banks interest rate indicates a range of 15%-23%.
- Kian Fixed Income index demonstrates a plummet in bonds YTM in the past month, dropping from 30% at its highest to 25% as of today.
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