PSX reschedules GIS auction to October 14

MG News | September 30, 2024 at 11:39 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 30, 2024 (MLN): The Pakistan Stock Exchange (PSX) announced today that the GIS auction originally scheduled for Thursday, October 3, 2024, has been rescheduled to Monday, October 14, 2024.

According to the notice, this change is in accordance with advice from the Debt Management Office of the Ministry of Finance (MoF).

The auction notice, target amount, and other relevant details will be communicated to market participants prior to the auction.

As per the annual borrowing plan for FY25, the government aims to finance the maturities of T-Bills through long-term government securities, such as PIBs and Government Ijara Sukuk.

In the previous GIS auction held on September 16, the government picked up Rs207.6bn, down from its target of Rs250bn.

It is worth noting that in that auction, the 10-year VRR and FRR bonds were issued for the first time.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,544.54 157.67M	-1.15% -2084.83
ALLSHR	108,942.20 314.79M	-0.91% -1000.12
KSE30	53,567.53 53.28M	-1.31% -711.95
KMI30	253,368.68 47.86M	-1.17% -3001.09
KMIALLSHR	69,975.79 185.29M	-0.92% -651.11
BKTi	50,645.01 22.96M	-1.71% -881.20
OGTi	36,440.73 2.79M	-0.91% -333.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,780.00	62,800.00 61,795.00	350.00 0.56%
BRENT CRUDE	77.63	79.21 77.51	-0.39 -0.50%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.70 -0.66%
ROTTERDAM COAL MONTHLY	118.75	0.00 0.00	-0.85 -0.71%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	73.09	75.13 73.00	-0.43 -0.58%
SUGAR #11 WORLD	15.12	15.39 15.08	-0.02 -0.13%