Pakistan Investment Bonds Auction

Karachi, June 07, 2012 (PPI-OT): Auction of Pakistan Investment Bonds for 3, 5, 10, and 20 years maturity was held on June 06, 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 June 07, 2012. The bid summary for 3, 5, 10 and 20 Years maturity is as following;

(Amount in PKR million)
Tenor Face Value Realized Amount Accrued Interest Total Realized Amount Price Range (per Rs.100)
03 Years

8,775.000

8,533.215

296.696

8,829.911

97.42 – 96.98

05 Years

10,390.400

9,862.873

359.122

10,221.995

95.06 – 94.46

10 Years

25,457.200

23,618.064

918.129

24,536.193

93.08 – 91.93

20 Years

3,680.000

3,589.840

143.781

3,733.621

97.55

Total

48,302.600

45,603.992

1,717.728

47,321.720

Out of the above bids, the accepted bids were as under:

(Amount in PKR million)
Tenor Face Value Realized Accrued Total Realized Cut-off Price Cut-off Effective Weighted
Amount Interest Amount (per Rs.100) Yield (YTM) Average Yield
%p.a. %p.a.
03 Years

7,825.000

7,611.490

264.575

7,876.065

97.16

12.7499

12.6892

05 Years

8,150.400

7,741.900

281.701

8,023.601

94.85

13.1205

13.0753

10 Years

16,607.200

15,421.259

598.948

16,020.208

92.75

13.3847

13.3627

20 Years

3,680.000

3,589.840

143.781

3,733.621

97.55

13.3496

13.3496

Total

36,262.600

34,364.489

1,289.005

35,653.495

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

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