Iran Housing Bonds

EghtesadOnline: Bank Melli Iran, the nation’s biggest bank, is set to issue its first-ever housing bonds soon and experts believe that will lead to a drop in the price of bonds in the over-the-counter Iran Fara Bourse.

EghtesadOnline: Money and Credit Council, a top financial decision-making body, has approved regulations supervising the issuance of mortgage-backed securities, paving the way for all banks and credit institutions to tap into housing bonds.

EghtesadOnline: Bank Maskan, the agent bank of the housing sector, has eased conditions for its key target audiences, namely people tapping into its housing bonds scheme and citizens living in distressed areas.

EghtesadOnline: Bank Maskan, the agent bank of the housing sector, is upbeat about emerging out of its years-long stagnancy, as 14.2 million housing bonds have been traded by the end of the 10th month of the current fiscal year on Jan. 20.