Auction Result: SBP Raises Rs.69.482 billion through Sale of GOP Ijara Sukuk

MG News | October 16, 2020 at 12:25 AM GMT+05:00

0:00

October 15, 2020 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Thursday in which it sold 5 year variable rental rate GOP Ijara Sukuk worth Rs.69.482 billion.

Bids for the Fixed Rental Rate Sukuk were rejected.

Combined auction target was Rs.50 billion.

The SBP Received bids worth Rs.108.477 billion for the Variable Rate Ijara Sukuk with a price range of 100.4727 to 96.2092 out of which it accepted Rs.69.482 billion at a cut off price of 99.6.

Bids worth Rs.7.10 billion were received for the fixed rental rate Ijara sukuk with a price range 98.5214 to 97.00 which the SBP rejected.

Settlement date for the successful bids is Oct 21, 2020.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	164,742.47 209.98M	0.48% 793.53
ALLSHR	98,589.92 450.95M	0.48% 474.85
KSE30	49,491.50 133.46M	0.19% 94.73
KMI30	236,551.09 105.86M	0.50% 1183.41
KMIALLSHR	63,969.63 225.40M	0.51% 323.99
BKTi	45,608.79 57.44M	-0.05% -22.71
OGTi	34,036.45 10.66M	1.75% 586.92

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,575.00	81,910.00 81,005.00	-370.00 -0.45%
BRENT CRUDE	108.39	109.02 107.55	-1.48 -1.35%
RICHARDS BAY COAL MONTHLY	114.00	114.00 114.00	1.30 1.15%
ROTTERDAM COAL MONTHLY	110.65	112.00 109.50	1.45 1.33%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	100.85	102.70 99.12	-1.42 -1.39%
SUGAR #11 WORLD	15.37	15.49 15.21	0.08 0.52%