Wednesday, 18 June 2014

Auction of Government of Pakistan Ijarah Sukuk

Tender for Sale of 3-Year Government of Pakistan Ijara Sukuk (GIS) are invited by the Director, Domestic Markets & Monetary Management Department (DMMD), State Bank of Pakistan, Karachi from the designated Primary Dealers for the Sukuk in accordance with the provisions of SBP, DMMD Circular No.10 dated 17th June, 2014.
  1. Receipt of Tenders                 Up to the date of auction (11:15 hrs)
  2. Opening of tenders                 11:30 hours on the date of auction
  3. Communication of result        On the date of auction
  4. 1st Rental Coupon                   To be determined one day prior to the settlement date
  5. Maximum value of the asset under the present issuance program of the Ijara Sukuk is PKR.49.572 billion.
Note: Bids can be rejected without assigning any reason.

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