Kian Debt Market Observer

A 0.7% increase in the interbank rate in this year according to the deputy of Central Bank of Iran. This week, the issuance of Saipa Yadak Ijarah bonds (TKR: SP3Q1) with value of IRR 850 bn (USD 22 mn)* was…

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KIAN DEBT MARKET OBSERVER

Due to lack of integration between the government, credit institutions and banks, a deduction of bank deposit rates is halted for time being Saipa Yadak Ijarah bonds (TKR: SP3Q1) with value of IRR 850 bn (USD 22 mn)* were listed…

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Kian Debt Market Observer

Islamic T-bills YTM's have remained stable between 21-22% for 4 consecutive weeks. This week, according to S&P Head of Islamic Finance, Sukuk Issuance increased by 37.7% in the first half of this year compared to the same period in 2016,…

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Kian Debt Market Observer

Islamic T-bills YTM's stabilized at 22% from the beginning of this Persian calendar year. While Islamic Treasury bills YTM’s have stabilized and all the bills will be matured by November 2017, and forecasting issuance of Islamic financial instruments in this…

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Kian Debt Market Observer

A decrease on bank interest rates is less likely as CBI has decided to stabilize the current official rates. Deposit rates are increasing despite the latest news on plans for reducing them. Although a 15% interest ceiling on deposit rates…

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Kian Debt Market Observer

A decrease on bank interest rates is less likely as CBI has decided to stabilize the current official rates. In this week’s Cabinet meeting, issuance of IRR 100 tr (USD 2.7 bn) Securities Islamic Sukuk for implementing projects and by…

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Kian Debt Market Observer

Banks are meeting in two weeks to re-discuss lowering of the rates. According to the president of the Association of Private Banks, a joint meeting will be held shorty to decide on decreasing deposit rates. The Securities and Exchange Organization and the Parliament are…

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Kian Debt Market Observer

Bonds YTM's have been on a downward trend since the beginning of the Persian calendar year. Last week, trades of Ijara Pars Oil Co. (PARQ1) halted in order to settle the paper and repay its last quarterly coupon. According to…

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