AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Pakistan Stock Exchange (PSX) has announced the 28th auction of Government of Pakistan Ijarah Sukuk (GIS), including a Green Sukuk auction, set to take place on November 13, 2025. The auction will be conducted through the PSX Auction System, with eligibility extended to all Broker Clearing Members (BCMs), Non-Broker Clearing Members (NBCMs), and Professional Clearing Members (PCMs) of the National Clearing Company of Pakistan Limited (NCCPL).
Participants are advised that the administrative user details from the previous auction on October 14, 2025, will be utilized for the upcoming auction. The same credentials, including User ID, Password, and PIN Code, will be required for investor mapping, cash assignment, and bidding. Any updates to these details must be communicated to PSX/NCCPL.
BCM participants must provide a 10% advance committed amount for each instrument and notify PSX/NCCPL via email, specifying “Primary Market Auction Setup” in the subject line. The participants previously registered for the October 14 auction will remain in the system, needing only to map instruments and assign cash as necessary.
Participants are reminded to input accurate UIN, CDC Participant ID, and CDC Sub Account or Investor Account numbers. The auction system is integrated with the CDC system for validation purposes. If no existing account is available, participants should enter “00000” in the Participant ID field and leave the CDC Sub Account field blank.
PCMs have the option to register their TO brokers as investors in the auction system, with the identification of broker code or name, or use multiple IDs on behalf of their TO brokers.