Karachi, October 24, 2012 (PPI-OT): Auction of Pakistan Investment Bonds for 3, 5, 10, and 20 years maturity was held on October 23, 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 October 24, 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 | Price Range (per |
Amount | Interest | Realized | Rs.100) | ||
Amount | |||||
03 Years | 36,850.000 | 37,532.135 | 1,101.714 | 38,633.849 | 102.06 – 101.16 |
05 Years | 20,234.000 | 20,574.168 | 618.384 | 21,192.552 | 102.25 – 101.13 |
10 Years | 14,200.000 | 14,569.610 | 452.844 | 15,022.454 | 103.44 – 100.05 |
20 Years | NO BIDS RECEIVED | ||||
Total | 71,284.000 | 72,675.913 | 2,172.942 | 74,848.855 |
Out of the above bids, the accepted bids were as under:
(Amount in PKR million) | |||||||
Tenor | Face Value | Realized | Accrued | Total | Cut-off Price | Cut-off Yield | Effective |
Amount | Interest | Realized (per Rs.100) | (YTM) | Weighted | |||
Amount | %p.a. | Average | |||||
Yield %p.a. | |||||||
03 Years | 16,500.000 | 16,827.950 | 493.305 | 17,321.255 | 101.96 | 10.3935 | 10.3818 |
05 Years | 4,084.000 | 4,165.278 | 124.814 | 4,290.091 | 101.93 | 10.9563 | 10.9399 |
10 Years | 4,800.000 | 4,959.890 | 153.074 | 5,112.964 | 103.14 | 11.4495 | 11.4173 |
20 Years | NO BIDS RECEIVED | ||||||
Total | 25,384.000 | 25,953.118 | 771.193 | 26,724.31 |
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