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  • Wednesday, 25 December 2019 15:25

Ministry of Economic Affairs and Finance Sukuk Profile

Originator: Ministry of Economic Affairs and Finance
Issue Date: November 9, 2019
Type of asset: government tax revenues
Issue Size: 49,921,000 Million IRR
Exchange: Iran Fara Bourse
Structure: Manfaah
Tenor: 3 years
Payment Periods: Every sixmonths from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 17.9% annually
Issuer (SPV): Qordad
Sale agent: Parsian Brokerage Co.
Guarantor: Plan and Budget Organization
Agent of payment: Central Securities Depository of IRAN (CSDI)