SBP raises Rs22bn via GIS Sukuk auction

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

Add Mettisglobal as a Trusted Source on Google

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	177,039.83 457.43M	2.69% 4639.92
ALLSHR	106,439.15 980.52M	2.42% 2511.25
KSE30	52,890.43 243.06M	2.84% 1462.27
KMI30	253,474.66 222.84M	2.73% 6731.57
KMIALLSHR	69,154.67 541.49M	2.45% 1654.73
BKTi	48,191.73 63.48M	2.59% 1217.44
OGTi	35,876.09 14.73M	1.97% 692.56

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,830.00	67,360.00 63,430.00	3170.00 4.98%
BRENT CRUDE	83.29	85.93 82.40	-4.04 -4.63%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	3.75 3.14%
ROTTERDAM COAL MONTHLY	125.00	125.00 125.00	-6.00 -4.58%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	80.58	82.42 79.70	-4.30 -5.07%
SUGAR #11 WORLD	13.64	13.90 13.61	-0.06 -0.44%