Bai Mujjal Result: SBP purchases Rs.22.275 Billion for 6 and 12 Months

MG News | February 07, 2019 at 01:05 PM GMT+05:00

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February 7, 2019 (MLN): SBP Conducted an Open market operation on Thursday in which it purchased Gop Ijara Sukuk (GIS-FRR-01) worth Rs.22.275 Billion for 6 and 12 months on Deferred Payment Basis (Bai mujjal)

SBP Received 5 Bids worth Rs8.9 Billion for 6 Months with quotes ranging Between 108.05 and 108.263 out of which it accepted 3 quotes worth Rs.6.0 Billion at 108.1738.

For 12 months SBP received 27 quotes worth Rs.99.325 Billion with quotes ranging between 113.49 and 114.33 out of which SBP accepted 7 quotes worth Rs.16.275 Billion at 113.8290.

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