The secondary market for Parand Paydar ETF was launched on Tehran Stock Exchange on 10 August 2016.
The fixed income securities ETF issued its units at the nominal value of IRR 10.000 with Sepehr Investment Bank as its market maker.
The initial underwriting of the ETF was accomplished on 9-13 July 2016 at TSE, where there are 5 ETFs listed at the moment.