Issuance of IRR 48,000 bn worth of Sukuk in the past week. Saba Arvand Oil & Gas Development Co., issued Sukuk Al-Intifa’a with value of IRR 20,000 bn, 19% coupon rate, 3 years maturity and semiannually payments. Based on trades…
Financing IRR 1/600 bn for railway industry Ijarah sukuks were issued for 2 companies in Iran railway industry. The first one was for Rail Pardaz Seir with value of IRR 1,000 bn and the second was for Rail Pardaz Industrial…
Issuance of IRR 5/000 bn fuel oil standard parallel Salam by National Iranian Oil company. Standard parallel Salam fuel oil with the value of IRR 5,000 bn was issued this week in Iran Energy Exchange by National Iranian Oil company.Energy Exchange.…
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…
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…
In the past week, spread of corporate and government bonds equaled to zero. The total value of fixed income funds hit the highest level in the last 7 months. The value of these funds grew by 7.5% compared to the…
CBI's directive to banks to accept Islamic treasury bills as collateral According to 2018/19 budget bill, the Iranian oil ministry is authorized to issue foreign or domestic currency Sukuks, up to a cap of USD 3 bn for investment in…
YTM's decline to lowest level in 9 months Tose’e Etemad Mobin issued Ijarah Sukuk with value of IRR 5,000 bn, 16% coupon rate, 4 years maturity and semiannually payments. Based on trades on offering date, YTM of these papers is…
