Iranian banks are no longer able to pay daily interest on short term deposits The Central Bank of Iran obliged Iranian Banks to no longer pay daily interest on short-term deposits. This instruction will be applied from February 2019 and…
Announcing issuance of IRR 700 bn Islamic securities in 2019/20 budget bill. According to a member of the parliament’s planning and budgeting commission, Iran’s 1398 budget bill has granted the permission for issuing Islamic securities valued to total of IRR…
To put a restriction on deposit interest rates by CBI During the past week, YTM of Kian Fixed Income Index extended its decrease and fell significantly by 1% to stamp 23.09% on the index. The head of CBI announced that,…
Budget to implement expansion policies for the debt market. According to the deputy of planning and budget organization, there is an article passed in Iran’s 2019 budget bill, by which government debt to banking system is to be written off…
Capital markets now account for 7% of total debt issued. With the recent growth of debt capital market, the market share in debt financing extended from 4% in last year to 7% Currently, the total value of debt financing is…
