Maskan Bank Sukuk Profile
Originator: | Maskan Bank |
Issue Date: | June 28, 2016 |
Type of asset: | mortgage receivables |
Issue Size: | 3,000,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | mortgage-backed |
Tenor: | 4 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 18.5% annually |
Issuer (SPV): | Aban 2 SPV corporation (Central Asset Management Company) |
Sale agent: | Shahr brokerage |
Guarantor: | Bank Shahr |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |