Debt of Tehran municipality, main obstacle in issuing bonds. 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…
Debt securities to be issued based on credit ratings. According to head of supervision at SEO, due to setting up the first Iranian credit rating agency, companies with adequate credit score are now authorized to issue bonds without a guarantor.…
Settling IRR 3 trillion of government health debt. The director of Iran Health Insurance Organization said that IRR 30,000 bn has been paid by Islamic treasury bills in the past two weeks. Padideh Shimi Gharn obtained the license for issuing…
Outflow of over IRR 41 tr from fixed income funds. Hekmat Iranian Leasing Company obtained the license for issuing Musharakah sukuk with value of IRR 200 bn. These papers have 4 years maturity and monthly payments with coupon rate of…
Iran Farabourse is listing IRR 58 trillion of fresh Islamic Treasury Bills Last week, a new batch of Islamic treasury bills with total value of more than IRR 58,000 bn were listed on Iran Farabourse. Offering of steel ingot standard…
Bond prices fell again for the 13th consecutive week. Ijarah sukuk for Alborz Niroo with value of IRR 1,050 bn were registered last Tuesday. These papers have coupon rate of 15 % and will expire in 5 years. Rail Seir…
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…
After ten weeks of sharp rises, the FI index flattened for two consecutive weeks Koroush Food Industry Company issued Morabahah Sukuk with the value of IRR 500 Bn. The YTM for these papers is 19%, below that of Corporate fixed…
For the first time, prepaid gold coin contracts will be an IME tradable security Minister of Roads and Urban Development announced Alborz Niroo’s decision to issue Ijara Sukuk papers with the value of IRR 1,050 Bn. The fund raised is…
Kian Fixed Income Index yield jumps to its highest level since Jan, 2017. During last week, annual yield of Kian Fixed Income Index hit 25%, reaching its highest level in the last 18 months. IRR 500 bn one year Standard…
