Quoted as TomanX per dollar rather than dollars per TomanX, the way the rate is spoken about locally.
These rates are paid in IRTX, not in dollars.
IRTX tracks the toman, so the yield above is toman-denominated and takes no account of what the toman does against the dollar over the same period. The toman has lost value against the dollar in most recent years; a —% return in IRTX can be a substantial loss measured in dollars.
This rate cannot be compared with the percentages on the other markets, which are dollar returns.
The rate model could not be read on this request, so no curve is drawn rather than an approximate one.
No utilisation history is shown.
How this market's rate is decided, what is supplied and borrowed in it, and what a tier changes here.