The price of housing facilities bonds downhill

According to Tejarat News, the Acting Deputy Minister of OTC Business Development of Iran announced the implementation of the decision of the Board of Directors of Maskan Bank to support applicants for housing facilities and its impact on reducing the price of TSE bonds and said: We were in OTC trading in Iran today.

Neda Bashiri referred to the decision of the Board of Directors of the Housing Bank to support the applicants for the purchase of housing facility concessions and explained in this regard: For the purchase of points, the right of priority for the use of housing facilities, as well as forgery of housing repairs, was reduced by half.

According to him, based on these measures, today we saw that the bank’s housing facility bonds faced a sale queue in the vast majority of symbols, and as a result, a significant decrease in the final price of these bonds was recorded.

Emphasizing that through this plan, all applicants can receive the same amount of loans with half of the previously required bonds, Bashiri continued: “This issue sent a signal to reduce the demand pressure to the market, which led to a decrease in bond prices.” Eventually, it led to the creation of a sales queue in most of the symbols of these securities, called tsas.

The head of the OTC business development deputy to explain more about the amount of bonds needed to buy a house said: For example, according to the announcement of the OTC on October 30, 1400, it is possible to buy 200 million tomans for individual housing in Tehran and 80 million tomans for forging repairs. Received facilities. Due to the fact that each piece of Tseh indicates the right to receive a loan of 500,000 Tomans, so for a home loan, applicants had to obtain 400 Tseh and for Jaaleh loan, 160 Tseh from the market.

He stated: with the current decree, this amount has been halved and has been reduced to 200 bonds for purchase loans and 80 bonds for fake loans.

Source: Tasnim