Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

New ETF Launched On Tehran Stock Exchange

Date 10/08/2016

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.