Kian Debt Market Observer

Government Fixed Income Index yield jumps to its highest level SAIPA Group issued Ijarah Sukuk with value of IRR 3,900 Bn and 18% coupon rate, 4 years maturity and quarterly payments. Based on public offering transactions, YTM of these papers…

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Kian Debt Market Observer

2.76% increase in average weighted YTM of treasury FI index. This week, YTM of Treasury FI index reached to 24.31% indicating a 2.76% increase within the last 2 months. IRR 7,000 bn worth of Musharakah Sukuk for Mashhad municipality was…

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Kian Debt Market Observer

Prohibition of receiving interest by governmental organizations. The Central Bank of Iran prohibited banks from paying interest to the governmental organizations’ accounts. IRR 7,000bn Musharakah with 20% coupon rate and quarterly payments is issued by Mashhad Municipal for the construction…

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Kian Debt Market Observer

Bond market week of calm ended with JCPOA uncertainty. Yields did not move sharply last week ending on Trumps move to exit the JCPOA on the last day of trading, the impact of which is yet to be seen. Since…

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Kian Debt Market Observer

IRR 31,938 Bn corporate bonds ready to be issued in the debt market. 9 companies obtained principal agreement to issue debt worth IRR 31,938 Bn, says Qolamreza Aboutorabi, CEO of Capital Market Central Asset Management Co. Total issued corporate bonds…

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Kian Debt Market Observer

Up-to-date largest corporate capital market financing approved by SEO. Telecommunication Company of Iran obtained principal agreement for a capital raise worth IRR 8,000 Bn, making it the largest corporate financing of the capital market to date. Parallel Salaf standard papers…

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Kian Debt Market Observer

A 5.5 trillion pipeline of Musharakah Sukuk approved for municipalities Kerman Motor’s Deputy Director of Business Planning and Development announced that the company plans to issue ABS papers with the value of IRR 2000Bn and maturity of 3 years, to…

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Kian Debt Market Observer

Significant decrease in KIAN fixed income weighted YTM Iran Air will issue Ijarah Sukuk with the value of IRR 5000 bn for financing the purchase 12 commercial aircrafts from Airbus Co. SEO announced agreement in-principle for issuance of IRR 390…

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Kian Debt Market Observer

 Currency Fluctuation Controlling Continues by Issuance of 20% Interest Manfat Bond Manfat bonds, with interest rate of 20%, were issued for the first time on Iran’s debt market with a maturity of 3.5 years. The total value of these bonds…

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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…

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