Kian Debt Market Observer

Kian Fixed Income Index yield jumps to its highest level since Jan, 2017. During last week, annual yield of Kian Fixed Income Index hit 25%, reaching its highest level in the last 18 months. IRR 500 bn one year Standard…

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Kian Debt Market Observer

2.76% increase in average weighted YTM of treasury FI index. This week, YTM of Treasury FI index reached to 24.31% indicating a 2.76% increase within the last 2 months. IRR 7,000 bn worth of Musharakah Sukuk for Mashhad municipality was…

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Kian Debt Market Observer

The largest corporate financing of the capital market to date with a yield of 23% annually. This week, Iran Telecommunications Company issued Ijarah Sukuk with total value of IRR 8,000 bn, making this the largest corporate financing of the capital…

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Kian Debt Market Observer

Prohibition of receiving interest by governmental organizations. The Central Bank of Iran prohibited banks from paying interest to the governmental organizations’ accounts. IRR 7,000bn Musharakah with 20% coupon rate and quarterly payments is issued by Mashhad Municipal for the construction…

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Kian Debt Market Observer

Bond market week of calm ended with JCPOA uncertainty. Yields did not move sharply last week ending on Trumps move to exit the JCPOA on the last day of trading, the impact of which is yet to be seen. Since…

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Kian Debt Market Observer

IRR 31,938 Bn corporate bonds ready to be issued in the debt market. 9 companies obtained principal agreement to issue debt worth IRR 31,938 Bn, says Qolamreza Aboutorabi, CEO of Capital Market Central Asset Management Co. Total issued corporate bonds…

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Kian Debt Market Observer

Up-to-date largest corporate capital market financing approved by SEO. Telecommunication Company of Iran obtained principal agreement for a capital raise worth IRR 8,000 Bn, making it the largest corporate financing of the capital market to date. Parallel Salaf standard papers…

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Kian Debt Market Observer

A 5.5 trillion pipeline of Musharakah Sukuk approved for municipalities Kerman Motor’s Deputy Director of Business Planning and Development announced that the company plans to issue ABS papers with the value of IRR 2000Bn and maturity of 3 years, to…

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Kian Debt Market Observer

Exchange rate unification the latest action by CBI to curb devaluation With the new Central Bank announcement about the exchange rate unification policy (IRR 42,000), strict rules were put in place regarding currency market transactions. Fixed income weighted YTM reached…

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Kian Debt Market Observer

Significant decrease in KIAN fixed income weighted YTM Iran Air will issue Ijarah Sukuk with the value of IRR 5000 bn for financing the purchase 12 commercial aircrafts from Airbus Co. SEO announced agreement in-principle for issuance of IRR 390…

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