The release of the first currency bonds within a year – Tejaratnews

According to Tejarat News, Majid Eshghi discussed important issues such as the issuance of foreign currency bonds in the international stock exchange and the program of the stock exchange organization for real estate funds with the industrial activists of Kerman province.

Majid Eshghi said: We will issue the first currency bonds in the next year by launching the international stock exchange.

V. Afzour: We have a special program for real estate funds this year, and for the establishment of the land and building fund, there are problems in the foundations of the fund, which has led to its complexity.

Eshghi stated: Although there is currently an instruction and a land and building fund can be formed, but if there is an idea for the prosperity of land and building funds, we will modify it.

The head of the Stock Exchange and Securities Organization said: I will personally monitor the establishment of the financing monitoring room and from zero to one hundred financing licenses in the organization, so that no financing plan in the stock exchange organization remains on the ground. This year, important projects of the country should be specially financed from the capital market.

Majid Eshghi, head of the Securities and Exchange Organization, said: We are trying to increase the share of capital market financing from the country’s economy. If the industries do not come to us, we will go to them.

Eshghi explained: We intend to facilitate the processes of granting licenses and any financing needs of industries in the capital market by establishing face-to-face communication, and on the other hand, remove the obstacles faced by companies in this direction.

Financing companies from the capital market

He explained: We do not need a bank guarantee for financing from the capital market. Companies that are rated can issue and finance bonds in the capital market without the need for a guarantor.

The head of the stock exchange organization added: This process takes less than ten days in the stock exchange organization and is specific to companies admitted to the stock exchange.

Eshghi expressed: Also, a 20% tax exemption is given to companies that are admitted to the capital market.

The license of public companies was issued

Eshghi said: In the last five years, the private sector has left the public sector in the capital market, and most of the transactions in the capital market are carried out by the private sector.

The head of the stock exchange organization stated: Today, the large part of the bonds issued by the capital supply is private.

He clarified: If the documents are complete, we will work around the clock to issue a license to the joint-stock companies of the project. If there is this preparation from the Kerman chamber, this will happen quickly.

Accepting the formation of holding companies in the stock market

The head of the stock exchange organization said: The issue of stopping the acceptance of contracting companies is not discussed at all.

Eshghi stated: If the conditions of the stock exchange and over-the-counter exchange regarding continuity of activity and profitability are realized, they will not have a problem with acceptance; But the experience of contracting companies shows that there are many fluctuations due to economic conditions or assignment of projects and contracts.

The head of the stock exchange organization explained: We can accept the holding of contracting companies to control fluctuations and reduce risk.

Eshghi continued: We are ready to solve problems in specific cases. For small projects, we can use crowdfunding.

Issuance of currency bonds with the launch of the international stock exchange

Majid Eshghi said: With the launch of the international stock exchange, we will issue the first currency bonds in the next year.

The head of the stock exchange organization continued: We have a special program for real estate funds this year.

He stated: There are problems in the foundations of the fund for the establishment of the land and building fund, which has led to its complexity. Although there is currently a guideline and a land and building fund can be formed, but if there is an idea for the development of land and building funds, we will modify it.

I will personally supervise the issuance of financing licenses from zero to one hundred, and the country’s important projects must be financed from the stock market.

Eshghi said: With the promise I made to the Minister of Economy, I will personally monitor the establishment of the financing monitoring room and from zero to one hundred financing licenses in the organization, so that no financing plan remains on the ground in the stock exchange organization. This year, important projects of the country should be specially financed from the capital market.

Source: Senate