Tag Archives | bonds

IMF Calls for Iran to Access Int’l Bond Markets

featured A new report from the International Monetary Fund (IMF) examining “selected issues” in Iran’s economy, including the expansion of non-oil exports and the role of women in the labor force, places special emphasis on the importance for Iran to develop the government securities market, which is a priority under the Sixth National Development Plan […]

Iran’s Debt Market emerges as Key to Economic future

By Navid Kalhor, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The rising issuance of various Islamic sukuk and, in particular, Islamic Treasury bills in the past three years in Iran is seen as evidence of the success and allure of the Iranian debt market. However, […]

Cabinet agrees to issue $2.7bn Securities

Iran’s Council of Ministers convened on Wednesday in a session chaired by President Rouhani and agreed to issue securities and Islamic bonds (sukuk). The securities and Islamic bonds worth $2.7 billion were agreed to be issued to operationalise plans and projects in companies under ministries of Petroleum, Energy, Roads and Urban Development, Communications and Information […]

Private Sector having hard time Financing Expansion

By Navid Kalhor for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The Islamic bond market in Iran was first kick-started in 2011, with Mahan Air’s issuance of ijara sukuk on the over-the-counter Iran Fara Bourse (IFB) to finance its purchase of […]

Move to hand control over Bond Market to Central Bank

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iranian MPs move to hand control over bond market to Central Bank The Iranian parliament has called for a pause in issuing government bonds on capital markets, accusing the government of President Hassan Rouhani of […]

$1.5bn Govt Bonds to Develop Joint Oil, Gas Fields

The Iranian parliament approved a legislation that grants the oil ministry permission to sell more than 1.5 billion dollars in bonds for the development projects of oil and gas fields shared with neighboring countries. In an open session of the parliament on Saturday, the Iranian lawmakers approved an article of the budget bill of the […]

Iran to Return to Global Bond Markets?

By John Lee. Bloomberg reports that Iran is considering a return to international debt markets for the first time since 2002. Economy Minister Ali Tayebnia (pictured) told the news agency that he expects Iran to secure a credit rating in the “near future,” a step that could help attract investors in Iranian government bonds. He […]

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Iran in Talks to get First Credit Rating

By John Lee. PressTV reports that Iran is in discussions to get its first credit rating, following the lifting of sanctions. Mohammad Nahavandian (pictured), the chief of staff for the Iranian President, told Reuters he expected the agencies to provide a full rating, but did not not identify the agencies. None of the major ratings firms […]

How Iran Plans to Cover its Budget Deficit

By Navid Kalhor, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Research shows that countries where businesses can easily raise funds in the bond market typically experience comparatively faster and stronger recoveries from a recession. This finding is important for a nascent market at its embryonic […]

‘Currency Board’ to be Launched for Bonds

The Managing Director of Tehran Stock Exchange (TSE) has said he is working to develop what he described as a “currency board for bonds“, because it is an attractive option for foreign investors. Hassan Ghalibaf Asl said the Tehran Stock Exchange is now valued at more than $100 billion, and its debt market has huge […]