The opportunity to purchase portfolio insurance was extended until the end of the week

According to the economic correspondent of Fars news agency, the stock exchange organization has announced in an announcement: It informs the respected capital market activists; The offering of “Sahamyar” secondary sales warrants was extended until Wednesday, 09/02/1401.

Pursuant to the notification number 181/118978 dated 08/18/1401, the management of new financial instruments of the Tehran Stock Exchange regarding the issuance of subordinated put option bonds of the stock portfolio by the Capital Market Stabilization Fund under the symbol “Sahamyar” with the aim of supporting real shareholders, for the information of the respected market participants provides capital; The offering of “Sahamyar” secondary sales warrants was extended until Wednesday, 09/02/1401.

“Stock portfolio insurance” was one of the clauses mentioned in this 10-clause package, which was considered in order to reassure the shareholders for the bright future of the stock market, and this led to a reduction in supply and sales by shareholders and compensation for part of the losses. The stock market index returned to the orbit of the shareholders.

The “share portfolio insurance” scheme, or subordinated bonds, which was approved by the country’s top economic authorities, is up to 100 million tomans, and covers 96% of the shares of real shareholders.

The maturity date of these bonds is one year and the purchase commitment amount is 20% higher than the value of the combination of people’s portfolio on the last trading day, Wednesday, 4 November 1401. Shareholders with a portfolio of less than 100 million Tomans can insure their stock portfolio by buying one rial of this symbol, and they are guaranteed a return of at least 20% until maturity.

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