KIAN DEBT MARKET OBSERVER

Disparity between inflation and interbank rate remains

Islamic T-bills “TB161” with a price of IRR 769,000 were traded in Fara-Bourse.

SEO granted the license agreement for the initial public offering of Kushesh Sepahan Trading Company SUKUK with value of  IRR 768 bn to finance the construction of 300 freight wagons.

CBI reported an interbank rate of 18.9% for the first 9 months. With respect to decline of inflation in recent years, the gap between the interbank rate and the inflation rate is still significant.

 

Download the full report (PDF)