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  • Wednesday, 25 December 2019 14:31

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)
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