September 07, 2017 | Cbonds
Cbonds users! We’re happy to announce that information about domestic government bonds of Iran was added to Cbonds
database at http://cbonds.com/emissions/. In total, the website contains 6 issues of Murabaha Sukuk and 8 issues of Ijara Sukuk, with the total value equivalent to USD 1.280 bn.
the second large economy in the Middle East and North Africa next to Saudi
Arabia; according to estimates, the gross domestic product (GDP) in 2016 was USD
412.2 bn. Iran ranks second in population size, after Egypt (78.8 bn.
people in 2015).
economy of Iran is characterized through the active development of hydrocarbon
sector, agriculture and service industry. The state plays a significant role in
production and financial services. Iran has the world's second-largest
natural gas reserves; it also ranks fourth in proven oil reserves. Its economic
activity and state income continue to depend largely on oil revenues, hence
they remain unstable.
The Islamic market of
debt financing is represented in the form of sukuks. State Iranian sukuks are usually represented by 2 subtypes.
Sukuk is a
debt security, issued for a purpose of financing the purchase of goods (transaction),
with exact expenses known in advance (margin), both for the issuer and the
Sukuk is a
debt security, issued for a purpose of financing something in exchange for the
lend-lease of the property owned or possessed by the issuer to the investors.
redemption period of Iran domestic government bonds is 4 years. All government
issued in the Iran market with the fixed coupon rate, and nominated in the
national currency - Iranian rials (IRR).
the additional information field you can find information about the bonds’
issue and maturity dates as per Iranian calendar, as well as subtype
for all issues the following features are available: bonds calculator, main
placement parameters, and payment schedules. Daily bonds quotes from the Iranian
stock exchange (Iran Fara Bourse), as well as from the market
participant Poya Finance) are
also available (for example, http://cbonds.com/emissions/issue/323167).
Please be reminded that Cbonds.Global (http://cbonds.com/) database covers debt market of Russia and other CIS countries,
Eurobonds of emerging and developed markets, internal markets of developed
countries, as well as government stocks of all countries of the world. The
information is available in five languages: Russian, English, Italian, German
Please note that
access to the website (http://cbonds.com/) is included in the Cbonds-Premium
tariff. If you don’t have access to Global.Cbonds yet, you can try it out and see
the advantages of the website by applying for trial access at (http://cbonds.com/about/paccess.php).
|Full company name||Iran|
|Country of risk||Iran|