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LTOS Takes on Underwriting and Market-Making for Siba Motor Advance-Sale Bonds

Sahmino Newsroom | 2 November 2026 | 9 days ago

LTOSdown0.7%4,280rials11 November

Lotus Parsian Investment Bank (ticker LTOS) said in a filing published Sunday, November 1, 2026 (10 Aban 1405) that it has accepted an underwriting and market-making commitment for Siba Motor's standard parallel salam advance-sale bonds, ticker Asiba. The company form gives Monday, November 2 (11 Aban), as the acceptance date and 15,000,000 million rials as the committed bond amount; the bond term is two years and the underwriting fee is 150,000 million rials.

Lotus put its total market-making fee at 1,467,000 million rials, to be recognised over the bonds' two-year life. The commodity exchange's news desk also says Siba Motor is raising working capital through the bonds for tractor-truck production. Taking on the commitment does not mean recognising all market-making fees or completing the sale of all bonds today.

Reference:CodalThe original report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Since this story was published, LTOS rose 11 percent, to 4,310 rial.

Over the same days, Tehran Stock Exchange Index rose 9.3 percent, to 8,357,840.

Over the same days, US Dollar fell 4.3 percent, to 2,599,000 rial.

LTOS
+10.8%
Tehran Stock Exchange Index
+9.3%
US Dollar
−4.3%

Prices to the close of 10 November

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