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Karachi, September 27, 2012 (PPI-OT): Auction of Pakistan Investment Bonds for 3, 5, 10, and 20 years maturity was held on September 26, 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 September 27, 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 | |
| Amount | Interest | Realized | Price Range (per | ||
| Amount | Rs.100) | ||||
| 03 Years | 31,957.000 | 32,351.157 | 689.483 | 33,040.640 | 101.76 – 100.32 |
| 05 Years | 30,563.000 | 30,824.842 | 674.061 | 31,498.903 | 101.61 – 99.46 |
| 10 Years | 21,038.000 | 21,377.179 | 484.162 | 21,861.341 | 102.86 – 99.45 |
| 20 Years | NO BIDS RECEIVED | ||||
| Total | 83,558.000 | 84,553.178 | 1,847.706 | 86,400.884 | |
Out of the above bids, the accepted bids were as under:
| (Amount in PKR million) | |||||||
| Tenor | Face Value | Realized | Accrued | Total | Cut-off Yield | Effective | |
| Amount | Interest | Realized | Cut-off Price | (YTM) | Weighted | ||
| Amount | (per Rs.100) | %p.a. | Average | ||||
| Yield %p.a. | |||||||
| 03 Years | 13,037.000 | 13,245.383 | 281.278 | 13,526.661 | 101.45 | 10.6252 | 10.5635 |
| 05 Years | 14,518.000 | 14,715.130 | 320.192 | 15,035.321 | 101.15 | 11.1744 | 11.1179 |
| 10 Years | 8,538.000 | 8,742.859 | 196.491 | 8,939.350 | 102.27 | 11.5996 | 11.5776 |
| 20 Years NO BIDS R E C E I V E D | |||||||
| Total | 36,093.000 | 36,703.372 | 797.961 | 37,501.332 | |||
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