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  • Wednesday, 25 December 2019 15:28

Ministry of Economic Affairs and Finance Sukuk Profile

Originator: Ministry of Economic Affairs and Finance
Issue Date: December 8, 2019
Type of asset: government tax revenues
Issue Size: 40,000,000 Million IRR
Exchange: Iran Fara Bourse
Structure: Manfaah
Tenor: 3 years
Payment Periods: Every six months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 17.9% annually
Issuer (SPV): Tir
Sale agent: Sahm Ashena Brokerage Co.
Guarantor: Plan and Budget Organization
Agent of payment: Central Securities Depository of IRAN (CSDI)