KIAN DEBT MARKET OBSERVER

Fixed Income Funds units no longer sold in bank branches. This week, trades of Islamic treasury bills (TB02) halted in order to be settled by the government at maturity in the upcoming week. According to the Ministry of Economic Affairs…

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KIAN DEBT MARKET OBSERVER

Debt market stabilizes following continuous decrease over the past few weeks According to the CEO of Maskan Bank, the Central Bank has agreed to issue $247 mn (IRR 10,000 bn) of MBS. Moreover, he mentioned the bank’s strategic plan for…

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KIAN DEBT MARKET OBSERVER

According to CBI report on loan facilities, banks are further increasing their already high share in financing the economy. Pointing to the high volume of property and assets of the state, Vice President of Legal Affairs acknowledged the feasibility of…

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KIAN DEBT MARKET OBSERVER

SEO's Approval for issuing USD 24 mn Kerman Motor bonds, the third largest automobile manufacturer financing through the debt market after Saipa and Iran Khodro. This week, Securities and Exchange Organization of Iran authorized the issuance of IRR 3 tr…

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KIAN DEBT MARKET OBSERVER

In spite of a decline in the debt securities rates for the third consecutive week, the effectiveness of decreasing interest rates is yet to become fully evident in the money and capital markets. This week, trades of the very first…

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KIAN DEBT MARKET OBSERVER

CBI and SEO are making continuous efforts to maintain the downward trend of rates to the approved levels of the money and credit Council. According to the minister of Economic Affairs, interest payments higher than 15% on 12 months deposits…

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KIAN DEBT MARKET OBSERVER

YTM's in the debt market continue to show a decreasing trend, as an indication of market confidence in the ability of the central bank to implement new monetary policies and compliance of the banks to the CBI’s directive. According to…

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KIAN DEBT MARKET OBSERVER

Trades of USD 552 mn of sovereign Ijarah bonds commenced in Iran Farabourse with floating coupon rate for the first time. Secondary trades of Islamic Treasury Bill (BT061) started in Iran Farabourseon Tuesday worth over IRR 9.5 tr (USD 243…

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KIAN DEBT MARKET OBSERVER

Securities and Exchange Organization of Iran gives green light for issuance of the largest non-governmental Sukuk for USD 179 mn of Iran Khodro bonds. This week, SEO approved the issuance of Iran Khodro's Murabahah bonds worth IRR 7 tr (USD…

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