Home / Financial Services / Auction of Pakistan Investment Bonds: State Bank announces results

Auction of Pakistan Investment Bonds: State Bank announces results

Karachi, November 21, 2012 (PPI-OT): Auction of Pakistan Investment Bonds for 3, 5, 10, and 20 years maturity was held on November 21, 2012 with coupon rates as 11.25%, 11.50%, 12.00%, and 13.00% for 3, 5, 10 and 20 years maturity respectively and settlement date of November 22, 2012. The bid summary for 3, 5, 10 and 20 Years maturity is as following;

(Amount in PKR million)
Tenor Face Value Realized Accrued Total Price Range (per
Amount Interest Realized Rs.100)
Amount
03 Years 17,125.000 17,475.595 665.060 18,140.655 102.59 – 101.44
05 Years 11,345.000 11,585.182 450.381 12,035.563 102.66 – 101.21
10 Years 5,845.000 6,028.443 242.127 6,270.570 103.80 – 101.45
20 Years NO BIDS RECEIVED
Total 34,315.000 35,089.220 1,357.568 36,446.788

Out of the above bids, the accepted bids were as under:

(Amount in PKR million)

(Amount in PKR million)
Tenor Face Value Realized Accrued Total Cut-off Price Cut-off Yield Effective
Amount Interest Realized (per Rs.100) (YTM) Weighted
. Amount %p.a Average
Yield %p.a.
03 Years 8,475.000 8,670.925 329.132 9,000.057 102.01 10.3521 10.2215
05 Years 7,570.000 7,747.362 300.519 8,047.881 101.97 10.9397 10.8371
10 Years 2,520.000 2,608.373 104.390 2,712.763 103.30 11.4209 11.3859
20 Years NO BIDS RECEIVED
Total 18,565.000 19,026.660 734.041 19,760.701

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk

Leave a Reply

Scroll To Top