Market News – Indian government authorized its refineries to continue Iranian oil purchases by domestic carrier vessels and insurance policies. Indian carriers and insurance firms were banned like their western analogues to transfer/insure Iranian oil shipments and imposing the shipment liabilities to National Iranian Tanker Company, a subsidiary of the National Iranian Oil Company will allow India […]
– The notable reduction of bulk carries, in number, transporting Iran’s export shipments which now is more drastic than ever since August 6th (after the first round of US sanctions), due to rising risks of Iran Marine Transportation, faced the nation’s exports with huge challenges after all. Maritime shipping rates jumped again 20% contrary to the other […]
Market News – After a period of an absolute rise in risk-free rates in Iran Economy, reaching +30% for Islamic Treasury Bills, it seems now rates are about to experience a fall into 27% channel once again which carries out two important news. Over the recent months with economic inflammation, guaranteed interest rates took a hike mainly due to […]
Market News – Following the 10th and 11th administrations’ policy to settle its deferred liabilities to different Iranian entities by issuing treasury bills, four new issues of Islamic Treasury Bills are now registered on Iran Fara Bourse waiting in line for the public offering. The securities’ details are as follow: – The new chair of CBI has announced that term […]
Market News – Iranian Parliament research centre analyzed the aftermath of US imposed sanctions on Iran Economy growth in two different scenarios. The main difference between the optimistic and pessimistic scenarios is on how much EU will support Iran after the US withdrawal from JCPoA. The more optimistic story is under the presumptions that: Oil sales reduced by 500K bpd over […]
Market News – Reporting from Bloomberg, it seems that Europe Union is seeking for an independent banking rout to bypass the US imposed Iran Sanctions on nations alike. Continuing their efforts to save JCPoA, Germany and France are to establish a financial system regardless of united states in order to save their interest in times of disputes over economic sanctions. […]
Market News – In an interview published by Donya-e-Eqtesad, three hyperinflation pitfalls that policymakers must avoid in order to prevent Iran Economy from entering into a hyperinflation have been analyzed as below: Overdrafting of banks from CBI’s resources in times of asset markets fluctuations which adds pressure to the monetary base; The wrongful behaviour of the banking and financial […]
Market News – The seventh line of Tehran underground network (metro) is to be financed via Iran Capital Market by the issuance of Municipal Musharaka Sukuk. These securities worth IRR 7,000 bn (USD 166.67 mn) and have a maturity of 4 years with a nominal yield of 20% and quarterly coupon payments. Tamadon Investment Bank will act as the […]
Market News – The head of Renewable Energy and Energy Efficiency Organization of Iran has announced that the capacity of generating electricity from renewable resources in Iran will reach 1100 megawatts by March 20, 2019. Counting the new 450 MW of under-construction power plant, so far, IRR 10,000 bn (USD 2.38bn) has been invested in Iran renewable energy sector […]
Market News – Securities and Exchange Organization of Iran has granted Rayan Saipa Leasing co. (a subsidiary of Saipa automaker) its principal consent with regards to the issuance of a new corporate Sukuk Musharaka financing its leasing facilities in Iran Leasing Sector. These securities will yield 16% annually and have 4-year maturity with quarterly coupon payments. The total issue size is IRR 1,500,000 […]
