PSX to raise Rs450m: Auction Calendar May-Jul

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MG News | May 22, 2025 at 12:14 PM GMT+05:00

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May 22, 2025 (MLN): The Pakistan Stock Exchange Limited (PSX) will conduct auctions targeting to raise Rs450 million during the three-month period from May-25 to Jul-25 through the auction of short-term sukuk with fixed and variable rental rates.

GIS Type Auction Date Settlement Date 1 Year 3 Year 5 Year 10 Year Target Auction Size (PKR in Billion)
Short Term Sukuk – GIS - Discounted 29-May-25 30-May-25 50 - - - 50
  25-Jun-25 26-Jun-25 30 - - - 30
  23-Jul-25 24-Jul-25 25 - - - 25
Total     105 - - - 105
GIS - Fixed Rental Rate 29-May-25 30-May-25 - 10 10 30 50
  25-Jun-25 26-Jun-25 - 10 10 20 40
  23-Jul-25 24-Jul-25 - 25 25 50 100
Total     - 45 45 100 190
GIS - Variable Rental Rate 29-May-25 30-May-25 - - 25 25 50
  25-Jun-25 26-Jun-25 - - 15 15 30
  23-Jul-25 24-Jul-25 - - 25 50 75
Total     - - 65 90 155

"Auction notices, and other relevant details will be notified to the market prior to the auction", the notice issued by PSX.

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