KIAN DEBT MARKET OBSERVER

According to the SEO’s president, issuance and listing of new debt securities in the regulated market will be scheduled with regards to previous papers’ maturities.

With the arrangements between Securities and Exchange Organization (SEO) and Central Bank of Iran (CBI), banks are prevented from trading debt securities. This decision is expected to result in a decrease in the yields of Islamic treasury bills which were recently being traded with high discount rates in the unofficial market.

At the parliament session for voting for the new cabinet, president Rouhani declared that decreasing the deposit rates and financing large businesses from the capital market rather than the banking system are his government’s top priorities.

As a result of actions taken by the Central Bank of Iran (CBI), interbank rate is lowered to almost 18%.

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