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Equity-Based Sukuk Return to Iran Capital Market

Equity-Based Sukuk Return to Iran Capital MarketEquity-Based Sukuk Return to Iran Capital Market

The government is set to clear part of its debt to Social Security Organization by issuing 12 trillion rials ($150 million) of equity-based Ijarah sukuk on the capital market.
The three-year bonds, with a 19% interest yield, will be traded on IFB,” Gholamreza Aboutorabi, the head of Central Securities Depository of Iran, said. 
The date of issue has not been announced yet.
 

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