Bai Mujjal Result: SBP purchases Rs. 59.950 Billion for 6 and 12 Months
MG News | February 08, 2019 at 03:54 PM GMT+05:00
February 8, 2019 (MLN): SBP Conducted an Open market operation on Friday in which it purchased Gop Ijara Sukuk (GIS-FRR-01) worth Rs. 59.95 Billion for 6 and 12 months on Deferred Payment Basis (Bai mujjal)
SBP Received 3 Bids worth Rs3.9 Billion for 6 Months with quotes ranging between 108.1738 and 108.1913 with the SBP accepting all bids.
For 12 months SBP received 22 quotes worth Rs.73.05 Billion with quotes ranging between 113.50 and 114.33 out of which SBP accepted 21 quotes worth Rs.56.05 Billion at a deferred price of Rs.113.8288.
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