Karachi: 08th December 2023, Friday ko investors ne Pakistan Stock Exchange (PSX) par aik saal ke Ijarah Sukuk ke liye Rs479 billion ki bhari offer di, jise Rs30 billion ke target se 16 guna zyada kar diya gaya.
Ministry of Finance ki taraf se yeh pehli auction thi, jise ab tak State Bank of Pakistan (SBP) ke throughkiya jata thaFormal Results abhi tak announce nahi hue.
Market observers ne dekha ke cut-off yield kya hogi, jo ke PSX par auction ko hold karne ka key factor hai. 2 research houses ne recommendation di ke return (cut-off yield) 20% se kam hogi, jo ke aik saal ke T-bills par average 22% return se kafi kam hai. Pichle haftay, Shariah-compliant banks ne PSX par aik saal ke Sukuk ko “T (T-bills) minus 100 basis points” ke variable rental rate par hasil kiya tha.
According to tribune report: Ministry of Finance Dr. Shamshad Akhtar ne kaha, “Yeh Pakistan ke liye aik ahem moqa hai, jahan Ministry of Finance ne PSX par Government debt securities ki primary market auction mumkin banai hai.”
PSX ke MD aur CEO Farrukh H Khan ne kaha, “Existing rules mein ki gayi changes ne isko mumkin banaya hai, jiski wajah se PSX ab GDS ki primary market auction ka zimmedar hai.
