Kian Debt Market Observer | Jan 26th – Jan 30th

Financing Iran oil sector with issuance of IRR 10,000 bn sukuk

  • According to the CEO of IFB, Issuance of debt bonds has increase by IRR 70 tr in 2019-20 budget bill. Since beginning of the year, more than IRR 335 tr of government papers have been issued.
  • SEO gave permission on the issuance of new round ofSukuk Al-Intifa’afor Saba Arvand Oil & Gas Development Co., these papers  are  worth IRR 10,000 bn and will be issued in upcoming week in IFB.
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