Kian Debt Market Observer

Central bank approves rolling of high interest one year deposits Tehran Municipality announced preliminary steps have been taken to finance the development of Tehran’s subway system. The plan is to raise IRR 7,000 bn through issuance of Musharekah papers. SEO’s…

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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

Since last month, Kian Fixed Income Index yield jumps to its highest level Offering of cement type V standard parallel Salaf for Khuzestan Cement with the value of IRR 500 Bn began this week. These papers have embedded put and…

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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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