Karachi, June 20, 2014 (PPI-OT): Tender for Sale of 3-Year Government of Pakistan Ijara Sukuk was invited by the State Bank of Pakistan, Karachi through designated Primary Dealers (for Ijara Sukuk) on June 20, 2014. Bids were opened at 11:30 hours on June 20, 2014, which were received as follows:
(Rs. In Millions)
Offered Amount RANGE OF MARGIN
(FACE VALUE) over Benchmark (bps)
03-Year Ijara Sukuk 113,720.000 -355.00 to -30.00
Out of the above bids, the accepted bids are as under:
Maturity Period Cut-Off Margin Over Accepted Amount
benchmark (bps)* (Face Value)
03-Year Ijara Sukuk Minus 200.00** 49,537.000
* This cut-off margin will be applicable to all accepted bids.
** Total amount offered at T-Bill Minus 200.00 bps is Rs. 20,470.50 mio, out of which Rs. 18,400.00 mio accepted on pro-rata basis.
For more information, contact:
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
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