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  • Tuesday, 21 April 2020 10:58

The Social Security Investment Co. Sukuk Profile

Originator: The Social Security Investment Co.
Issue Date: March 15, 2020
Type of asset: stocks
Issue Size: 4,300,000 Million IRR
Exchange: Tehran Stock Exchange Co.
Structure: Ijarah
Tenor: 3 years
Payment Periods: Every 6 months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 18% annually
Issuer (SPV): Bahman IV Co.
Sale agent: Saba Tamin Brokerage Co.
Guarantor: Tejarat Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)
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