SBP raises Rs22bn via GIS Sukuk auction

By MG News | April 28, 2025 at 09:51 PM GMT+05:00

0:00

April 28, 2025 (MLN): The State Bank of Pakistan (SBP) has successfully raised Rs22.29 billion through an outright purchase auction of GOP Ijara Sukuk (GIS-VRR-18) on a deferred payment (Bai Muajjal) basis, held today.

According to the auction details, the government accepted a total face value of Rs15.5bn against the offered amount of Rs20.5bn. The Sukuk delivery date is also set for April 28, 2025.

For the one-year tenor, bids worth Rs7.5bn were received at a Bai Muajjal price range between 118.61 and 120.14.

Out of these, the government accepted Rs2.5bn at the cut-off deferred price of 118.61, amounting to Rs2.97bn on a Bai Muajjal basis.

Meanwhile, for the three-year tenor, bids totaling Rs13bn were received at a price range of 147.01 to 148.63.

The entire offered amount was accepted at a cut-off deferred price of 148.63, translating into Rs19.32bn in deferred payment terms.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	132,651.13 147.89M	-0.56% -752.06
ALLSHR	83,027.69 836.79M	-0.19% -160.36
KSE30	40,361.93 52.03M	-0.71% -289.53
KMI30	190,850.16 61.98M	-0.64% -1233.76
KMIALLSHR	55,734.44 421.57M	-0.20% -113.26
BKTi	36,206.64 9.85M	-0.59% -216.24
OGTi	28,300.88 9.83M	-0.48% -136.73

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,070.00	109,545.00 108,625.00	-145.00 -0.13%
BRENT CRUDE	70.42	70.71 69.85	0.27 0.38%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.45 1.51%
ROTTERDAM COAL MONTHLY	109.00	109.00 109.00	1.90 1.77%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.66	68.94 67.78	0.33 0.48%
SUGAR #11 WORLD	16.40	16.40 16.08	0.27 1.67%