The Social Security Investment Co. Sukuk Profile
Originator: | The Social Security Investment Co. |
Issue Date: | August 14, 2018 |
Type of asset: | stocks |
Issue Size: | 12,000,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | Ijarah |
Tenor: | 3 years |
Payment Periods: | Every six months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 19% annually |
Issuer (SPV): | Ordibehesht Co. |
Sale agent: | Amin Avid Brokerage Co. |
Guarantor: | Refah Bank and stocks of Tamin Petroleum & Petrochemical Investment Co. |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |