YTM’s decline to lowest level in 9 months
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- Tose’e Etemad Mobin issued Ijarah Sukuk with value of IRR 5,000 bn, 16% coupon rate, 4 years maturity and semiannually payments. Based on trades on offering date, YTM of these papers is 17%.
- New Islamic treasury bill was issued with value of IRR 6,030 bn. Based on trades on offering date, YTM of these papers is 20.6%.
- In the past week, the yield of Kian fixed income index reached its lowest level in the past 9 months. This number is equal to 20.76 percent.