Govt purchases Rs46bn Ijara Sukuk on Bai Mujjal basis

MG News | August 05, 2024 at 09:46 PM GMT+05:00

0:00

August 05, 2024 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Monday for the outright purchase of Government of Pakistan Ijara Sukuk (GIS) on a deferred payment basis (Bai Muajjal), in which it purchased Rs46 billion.

The delivery date for the Sukuk is August 05, 2024.

SBP received bids worth Rs46bn for the sale of GIS Variable Rental Rate 35 (GIS-VRR 35), which reflects the total value of GIS that participants were willing to sell.

Meanwhile, the price at which they were prepared to sell on a deferred basis to the government stood in the range of Rs170.39 to Rs173.35.

The cut-off price stood at Rs173.35.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,008.63 181.38M	0.69% 1178.41
ALLSHR	103,432.49 404.14M	0.50% 510.12
KSE30	52,577.70 96.89M	0.78% 408.21
KMI30	244,383.75 48.81M	0.59% 1423.44
KMIALLSHR	67,086.54 150.10M	0.46% 306.12
BKTi	47,935.24 58.61M	1.05% 499.64
OGTi	33,516.83 2.71M	0.43% 143.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,140.00	90,115.00 87,355.00	1390.00 1.58%
BRENT CRUDE	62.40	62.49 62.15	0.16 0.26%
RICHARDS BAY COAL MONTHLY	87.50	0.00 0.00	1.30 1.51%
ROTTERDAM COAL MONTHLY	94.50	0.00 0.00	-0.70 -0.74%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.56	58.59 58.31	0.21 0.36%
SUGAR #11 WORLD	15.30	15.34 15.16	0.10 0.66%