KIAN DEBT MARKET OBSERVER

Bond prices fell again for the 13th consecutive week. Ijarah sukuk for Alborz Niroo with value of IRR 1,050 bn were registered last Tuesday. These papers have coupon rate of 15 % and will expire in 5 years. Rail Seir…

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Kian Debt Market Observer

Government Fixed Income Index yield jumps to its highest level SAIPA Group issued Ijarah Sukuk with value of IRR 3,900 Bn and 18% coupon rate, 4 years maturity and quarterly payments. Based on public offering transactions, YTM of these papers…

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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

 Currency Fluctuation Controlling Continues by Issuance of 20% Interest Manfat Bond Manfat bonds, with interest rate of 20%, were issued for the first time on Iran’s debt market with a maturity of 3.5 years. The total value of these bonds…

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Kian Debt Market Observer

Iran’s government to issue Manfeat Sukuk with 20.5% rate Following its foreign exchange rate controlling policy, Iran’s government issues Manfeat Sukuk with 20.5% rate and value of IRR 30tr in FaraBourse. Meanwhile, Kian Fixed Income Index (KFI Index) yield increased…

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Kian Debt Market Observer

KFI Index yield return to its peak in the last 6 months Following the certificate of deposit issuance with the rate of 20% by CBI, Kian Fixed Income Index (KFI Index) yield increased by 1.66% while it had started to…

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Kian Debt Market Observer

CBI to reduce speculation in the foreign exchange market Banks will be able to issue Deposit Certificate (Rial-Based) with maturity period of one year and interest rate of 20% for 2 weeks starting from Saturday (Feb 17, 2018). Having CBI…

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Kian Debt Market Observer

Maximum of IRR 100tr islamic treasury bills issuance in the next year (approved by the Parliment) Islamic Treasury Bills transactions with the TKR "TB221" and "TB191" began with the YTM’s of 16.58% and 17.35% respectively and total value of IRR…

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Kian Debt Market Observer

Government treasury bills up to more than IRR 290tr after last week issuance of IRR 80tr of new treasury bills Golgohar Mining and Industrial Company began issuing IRR 3tr of Golgohar Ijara on Wednesday Jan 31, 2018. The offering will…

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Kian Debt Market Observer

The Parliament Approves the Issuance of Health Bonds During review of next year budget bill (starts from 21st of March 2018), the Parliament Consolidation Commission agreed to issue IRR 75,000bn* of bonds to repay the health insurance organization debts. On…

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