Government Sukuk Profile
Originator: | Government |
Issue Date: | March 16, 2016 |
Type of asset: | 2 pieces of land & 4 airplanes |
Issue Size: | 5,000,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | Ijarah |
Tenor: | 4 years |
Payment Periods: | semi annually from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 18% annually |
Issuer (SPV): | Azar 2 SPV corporation (Central Asset Management Company) |
Sale agent: | Novin investment bank brokerage |
Guarantor: | Managing and Planning Organization of Iran |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |