Govt accepts bids worth Rs23bn in Bai Muajjal purchase of GIS
The government accepted bids worth Rs22.85bn (face value) in the auction for outright purchase of GOP Ijara Sukuk (GIS) on a deferred payment (Bai Muajjal) basis, against total offers of Rs170.29bn, according to the State Bank of Pakistan (SBP).
October 27, 2026 (MLN): The government accepted bids worth Rs22.85bn (face value) in the auction for outright purchase of GOP Ijara Sukuk (GIS) on a deferred payment (Bai Muajjal) basis, against total offers of Rs170.29bn, according to the State Bank of Pakistan (SBP). The accepted amount translates into a Bai Muajjal amount of Rs34.63bn, with the cut-off deferred price set at 151.55. The auction was held on 27 Octo...