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  • Monday, 23 January 2017 11:07

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)
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