Karachi, July 01, 2012 (PPI-OT): Auction Target calendar for sale of Government of Pakistan Investment Bonds for 3, 5 and 10 Years (Fresh issue of 19Jul2012), and 20 Years (Re-opening of 18Aug2011 issue) for the period July to September, 2012 is attached below;
PIB Auction Calendar Q1 FY 13
July to September, 2012 (Amount in PKR Mlllions)
|Start of When-||Auction Date||Settlement||Maturing Amt||Additional||Targets|
|Issue Period||Date||(Principal + Coupon)||Requirement||(Rounded Off)|
|Total Q1-FY13 Amounts||75,293||14,707||90,000|
1/: The When-Issue period will end one day prior to the auction date.
2/: Maturity amount incorporates P + I maturing during that month
Total Prinicpal Maturity PKR 30.75bln and Coupon Maturity PKR 44.54bln = PKR 75.29bln.
Tenders for Sale of Pakistan Investment Bonds (PIBs) for 3, 5 and 10 Years (Fresh issue of 19Jul2012), and 20 Years (Re-opening of 18Aug2011 issue) are invited by the State Bank of Pakistan, Karachi from the Primary Dealers on each respective auction dates.
Tenders will be received by the Director, Domestic Markets and Monetary Management Department, State Bank of Pakistan, I. I. Chundrigar Road, Karachi up to 1115 hours and will be opened at 1130 hours.
The result will be announced on the same day. Primary Dealers would be required to deposit the amount of accepted bids to the Chief Manager, State Bank of Pakistan, Banking Services Corporation (Bank), Karachi on respective auction settlement date.
Targets for all auctions are given below;
Details of tenor-wise Target of PIBs for 1st Quarter FY’13
July to September, 2012 (Amount in Millions)
Tenor-wise Coupon Rates for all auctions are given below;
Details of Coupon Rate of PIBs for 1st Quarter FY’13
July to September, 2012
Bids can be rejected without assigning any reason.
For more information, contact:
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563