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    The State Bank of Pakistan held an auction for Pakistan Investment Bonds with maturity periods of 3, 5, 7, 10, 15, 20, and 30 years and coupon rates ranging from 11.25% to 13.75%. A total of 36.6 billion rupees in bonds were offered. The accepted bids totaled 29.2 billion rupees with realized amounts ranging from 10.4 billion for 3-year bonds to 26.9 billion rupees overall. An additional 659.7 million rupees were received through non-competitive bids.

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    The State Bank of Pakistan held an auction for Pakistan Investment Bonds with maturity periods of 3, 5, 7, 10, 15, 20, and 30 years and coupon rates ranging from 11.25% to 13.75%. A total of 36.6 billion rupees in bonds were offered. The accepted bids totaled 29.2 billion rupees with realized amounts ranging from 10.4 billion for 3-year bonds to 26.9 billion rupees overall. An additional 659.7 million rupees were received through non-competitive bids.

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    11 views2 pages

    Auction Investment

    Uploaded by

    Ayaan Ansary
    The State Bank of Pakistan held an auction for Pakistan Investment Bonds with maturity periods of 3, 5, 7, 10, 15, 20, and 30 years and coupon rates ranging from 11.25% to 13.75%. A total of 36.6 billion rupees in bonds were offered. The accepted bids totaled 29.2 billion rupees with realized amounts ranging from 10.4 billion for 3-year bonds to 26.9 billion rupees overall. An additional 659.7 million rupees were received through non-competitive bids.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    of 2

    DOMESTICMARKETS&MONETARYMANAGEMENTDEPARTMENT

    STATEBANKOFPAKISTAN

    ResultofAuctionofPakistanInvestmentBonds
    AuctionofPakistanInvestmentBondsfor3,5,7,10,15,20and30yearsmaturitywasheld
    onJune22,2011withcouponratesas11.25%,11.50%,11.75%,12.00%,12.50%,13.00%and
    13.75%for3,5,7,10,15,20and30yearsmaturityrespectivelyandsettlementdateofJune
    23,2011.

    Tenor

    Realized
    Amount

    Face Value

    (Amountinmillion)

    Accrued
    Interest

    Total Realized
    Amount

    Price Range (per


    Rs.100)

    03 Years

    12,212.000

    11,622.632

    572.124

    12,194.756

    95.23 94.99

    05 Years

    3,718.000

    3,431.292

    178.057

    3,609.348

    92.36 92.22

    07 Years

    100.000

    90.480

    4.893

    95.373

    10 Years

    19,667.700

    17,601.830

    982.846

    18,584.677

    89.68 88.90

    15 Years

    500.000

    452.290

    19.521

    471.811

    90.78 90.25

    20 Years

    200.000

    185.340

    8.121

    193.461

    92.68 92.66

    30 Years

    200.000

    193.890

    8.589

    202.479

    96.96 96.93

    33,577.754

    1,774.151

    35,351.905

    Total

    36,597.700

    90.48

    Outoftheabovebids,theacceptedbidswereasunder:
    (Rupeesinmillion)

    Tenor
    03Years
    05Years
    07Years
    10Years
    15Years
    20Years
    30Years
    Total

    Cutoff
    Effective
    Total
    CutoffPrice Yield
    Weighted
    Realized
    (perRs.100) (YTM)
    Average
    Amount
    %p.a. Yield%p.a.

    FaceValue

    Realized
    Amount

    Accrued
    Interest

    10,962.000

    10,433.797

    513.562

    10,947.360

    95.15

    14.0031

    13.9845

    2,868.000

    2,647.197

    137.350

    2,784.546

    92.26

    14.0477

    14.0334

    B I D S

    R E J E C T E D

    14,767.700

    13,223.385

    737.980

    13,961.366

    89.46

    14.0873

    14.0696

    200.000

    181.540

    7.808

    189.348

    90.76

    14.0999

    14.0980

    200.000

    185.340

    8.121

    193.461

    92.66

    14.1394

    14.1377

    200.000

    193.890

    8.589

    202.479

    96.93

    14.1883

    14.1861

    29,197.700

    26,865.149

    1,413.41

    28,278.560

    DEBTMARKETSDIVISIONTEL92~21~2453491FAX92~21~9212476


    DOMESTICMARKETS&MONETARYMANAGEMENTDEPARTMENT
    STATEBANKOFPAKISTAN

    1. Noncompetitivebids.
    (Rupeesinmillions)
    Tenor

    FaceValue

    03 Years

    275.600

    05 Years

    142.500

    07 Years

    10 Years

    166.600

    15 Years

    25.000

    20 Years

    25.000

    30 Years

    25.000

    Total

    659.700

    2. ShortSelling

    (Rupeesinmillion)
    Tenor

    FaceValue

    03 Years

    05 Years

    07 Years

    10 Years

    15 Years

    20 Years

    30 Years

    Total

    0.000

    DEBTMARKETSDIVISIONTEL92~21~2453491FAX92~21~9212476

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