PSX to resume trading in GoP Ijarah Sukuk
08-Jan-2026
MettisGlobal
January 08, 2026 (MLN): Trading in Government of Pakistan (GoP) Ijarah Sukuk (GIS) issued on January 09, 2025 will resume at the Pakistan Stock Exchange (PSX) with revised profit rates following the earlier suspension linked to rental payment matters.
According to a PSX notice dated December 29, 2025, trading
in 3-year, 5-year and 10-year Fixed Rental Rate (FRR) as well as Variable
Rental Rate (VRR) GoP Ijarah Sukuk will restart from Friday, January 09,
2026.
The instruments will be tradeable on the basis of revised
profit rates applicable from January 09, 2026 till July 09, 2026,
reflecting the latest six-month weighted average yields and auction spreads,
according to the
issued by PSX.
Under the revised rates, the 3-year VRR Sukuk
(P03VRR090128) with maturity on January 09, 2028 will carry a net profit
rate of 9.3867%, the 5-year VRR Sukuk (P05VRR090130) maturing on
January 09, 2030 will offer 9.4267%, while the 10-year VRR Sukuk
(P10VRR090135) maturing on January 09, 2035 will have a net profit rate of 9.8267%.
|
Security Code |
Security Name |
Net Profit Rate Currently Applicable (%) |
Latest 6-Month Weighted Average Yield (%) [As of 07-Jan-26] |
Spread % [As per 08-Jan-25 Auction] |
Net Profit Rate % [Applicable from 09-Jan-26 till 09-Jul-26] |
|
P03VRR090128 |
03 Year Variable Rental Rate – Maturity Date 09-Jan-28 |
10.1974 |
10.0867 |
-0.7 |
9.3867 |
|
P05VRR090130 |
05 Year Variable Rental Rate – Maturity Date 09-Jan-30 |
10.2374 |
10.0867 |
-0.66 |
9.4267 |
|
P10VRR090135 |
10 Year Variable Rental Rate – Maturity Date 09-Jan-35 |
10.6374 |
10.0867 |
-0.26 |
9.8267 |
The adjustment follows the application of auction spreads
ranging between -0.26% and -0.70% to the latest 6-month weighted average
yield of 10.0867% as of January 07, 2026.
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