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State Bank of Pakistan Auction of 3- Year Government of Pakistan Ijara Sukuk

Karachi: Tender for Sale of 3-Year Government of Pakistan Ijara Sukuk was invited by the  of Pakistan, Karachi through designated Primary Dealers (for Ijara Sukuk) from February 22, 2012 to February 23, 2012. Bids were opened at 11:30 hours on February 23, 2012, which were received as follows:

 

(Rs. In Million)

  Offered Amount RANGE OF MARGIN
  (FACE VALUE) over Benchmark (bps)
03-Year Ijara Sukuk 55,723.900 -25.00 to 45.00
Total 55,723.900  

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

Maturity Period Cut-Off Margin Over Accepted Amount
  benchmark (bps)* (Face Value)
03 -Yr Ijara Sukuk +0.00 38,123.900
Total   38,123.900

* This cut-off margin will be applicable to all accepted bids.

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

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