Ali Beigzadeh, Managing Director of Tamadon Capital, said in an interview with a reporter from the Iranian Capital Market News Agency (SAEA): The Islamic Treasury Bills Portfolio Future is an efficient tool for hedging interest rate risk, which, by creating the possibility of hedging interest rate risk, reduces risk and subsequently reduces financing costs.
He continued, pointing out that currently five types of sukuk indices are calculated and published over the counter, and said: The Islamic Treasury Bills Index is the most suitable option for a futures instrument for fixed-income securities, due to its lack of credit risk, appropriate liquidity compared to other fixed-income securities, and appropriate duration due to the lack of coupon payments.In accordance with jurisprudential requirements, Treasury bill index futures will be operational in the form of Treasury bill portfolio futures.
News source:
https://www.sena.ir/news/84134
