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  • Wednesday, 25 December 2019 15:19

Maskan Jonoub Investment Co. Sukuk Profile

Originator: Maskan Jonoub Investment Co.
Issue Date: June 18, 2019
Type of asset: sale contracts
Issue Size: 133,200 Million IRR
Exchange: TSE
Structure: Discount securities
Tenor: 1 year and 9 months
Payment Periods: monthly
Face value of each paper: 1,000,000 IRR
Sukuk rate: 16% annually
Issuer (SPV): Azar
Sale agent: Maskan Bank Brokerage Co.
Guarantor: Maskan Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)