PSX resumes trading of FRR, VRR GIS with new profit rates

News Image

By MG News | July 23, 2024 at 03:34 PM GMT+05:00

0:00

July 23, 2024 (MLN): The Pakistan Stock Exchange (PSX) has announced today that trading in the 3- and 5-year Fixed Rental Rate (FRR) and Variable Rental Rate (VRR) instruments issued on January 24, 2024, will resume on July 24, 2024.

The local bourse issued a notice today referring to a notice dated July 8, 2024, regarding the suspension of trading in GoP Ijarah Sukuk (GIS) due to issues related to the first rental payment.

Further to note that 3 & 5 Year VRR instruments of issue dated January 24, 2024 shall be tradeable based on revised profit rates details of which are as under:

Instruments Code Instruments Name Net Profit Rate currently applicable % Latest Weightage Average Yield % As of 10-Jul-24 Spread % as per 23-Jan-24 Auction Net Profit Rate% applicable from 24-Jul-24
P03VRR240127 3-Year Variable Rental Rate – Maturity Date 24-Jan-27 21.1101 19.6839 +0.15 19.8339
P05VRR240129 5 Year Variable Rental Rate – Maturity Date 24-Jan-29 21.2401 19.6839 +0.28 19.9639

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg