Auction Result: SBP Raises Rs.74.85 billion through Sale of GOP Ijara Sukuk

MG News | January 14, 2021 at 07:59 PM GMT+05:00

0:00

January 14, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Thursday in which it picked up Rs.74.85 billion through the sale of 5 year variable and fixed rental rate GOP Ijara Sukuk.

Combined auction target was Rs.50 billion.

The SBP Received bids worth Rs.89.511 billion for the Variable Rate Ijara Sukuk with a price range of 100.2121 - 99.1784 out of which it accepted Rs.66.607billion at a cut off price of 100.06.

Bids worth Rs.8.750 billion were received for the fixed rental rate Ijara sukuk with a fixed rental range 9.25% to 9.52 % out of which the SBP accepted Rs.8.250 billion at a cut off rental rate of 9.45%.

Settlement date for the successful bids is Jan 20, 2021.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,128.71 265.90M	0.48% 744.21
ALLSHR	95,646.53 825.81M	0.54% 512.96
KSE30	47,710.30 121.90M	0.51% 243.31
KMI30	229,300.51 94.02M	0.73% 1655.29
KMIALLSHR	64,324.50 413.69M	0.68% 436.44
BKTi	42,089.00 69.76M	0.78% 327.23
OGTi	31,799.47 6.39M	0.57% 180.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,220.00	117,240.00 114,940.00	-2045.00 -1.74%
BRENT CRUDE	67.14	67.52 66.78	0.15 0.22%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.90	63.24 62.52	0.21 0.34%
SUGAR #11 WORLD	15.90	15.98 15.80	0.11 0.70%