Outright Purchase of Sukuk by Government of Pakistan

SBP oldAn auction of Outright Purchase of GIS by Government of Pakistan on deferred payment (Bai Muajjal) basis was held on November 17, 2015, Sukuk Delivery date of November 18, 2015. The bid summary for GIS 9, 10, 11, 12 and 13 is as following;                                                                                                           

GIS Issue Amount Offered (Face Value) Bai Muajjal Price Range
(In million Rupees)
GIS-09 67,150.000 107.89 – 109.08
GIS-10 35,450.000 106.54 – 107.60
GIS-11 27,175.000 105.35 – 106.39
GIS-12 45,975.000 107.85 – 108.92
GIS-13 45,375.000 106.09 – 107.15
Total 221,125.000  

Out of the above bids, the accepted bids were as under:

GIS Issues Cut-Off Deferred Price Amount Accepted (Face Value) Bai Muajjal Deferred Amount
  (In million rupees)  
GIS-09 108.92 66,200.000 72,105.040
GIS-10 107.55 32,525.000 34,980.638
GIS-11 106.34 23,150.000 24,617.710
GIS-12 108.87 45,425.000 49,454.198
GIS-13 107.09 41,275.000 44,201.398
Total 208,575.000 225,358.984

 

 

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