Issuing asset-backed securities with value of IRR 2,000 bn The first series of asset-backed securities based on accounts receivable as collateral in private sector was issued by Kerman Motors (a listed automaker), with value of IRR 2,000 bn, 16% coupon…
Kian capital management launches Kian Commodities Index (KCI). KCI tracks price movements of commodities with a bespoke selection and weighting methodology designed for the capital markets of Iran. KCI reports on a basket of commodities comprised of oil (Brent Crude),…
Maturity of 240,000 billion rials certificate of deposits. The second series of Sukuk Al-Intifa’a in private sector was issued by Mahan Air Co., with value of IRR 1,000 bn, 16% coupon rate, 2 years maturity and quarterly payments. Based on…
20 percent increase in the money supply over the past year Saba Arvand Oil & Gas Development Co., issued Sukuk Al-Intifa’a with value of IRR 10,000 bn, 19% coupon rate, 3 years maturity and semiannually payments. Based on trades on…
Financing Iran oil sector with issuance of IRR 10,000 bn sukuk According to the CEO of IFB, Issuance of debt bonds has increase by IRR 70 tr in 2019-20 budget bill. Since beginning of the year, more than IRR 335…
