Kian Debt Market Observer

The Parliament Approves the Issuance of Health Bonds

  • During review of next year budget bill (starts from 21st of March 2018), the Parliament Consolidation Commission agreed to issue IRR 75,000bn* of bonds to repay the health insurance organization debts.
  • On Wednesday, the initial public offering of Islamic Treasury bills with the TKR “Ezza 606” began in Farabourse. The price of each bill was IRR 771,000*. These securities have a two-year maturity with value of IRR 10,000bn*.
  • With the aim of financing government activities, the Standard Parallel Salam of Light Crude Oil were issued by the Ministry of Economic Affairs and Finance in the derivative market of Iranian Energy Exchange with the TKR “Sanft 971”.
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