Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (March 18, 2011).

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RATES OF DEBT SECURITIES

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S.No   Code                 TFCs and Sukuks                                           Traded/              Prices

                                                                                    Non-Traded

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Valuation of Rated Investment Grade Debt Securities

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GOVERNMENT GUARANTEED

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1    KSEW/SUK/021107        KARACHI SHIPYARD & ENGINEERING                         Non-Traded             99.2484

                             WORKS LTD-SUKUK (02-11-07)

2    KSEW/SUK/040208        KARACHI SHIPYARD & ENGINEERING                         Non-Traded             98.6627

                            WORKS LTD-SUKUK (04-02-08)

3    NIPC/SUK/110807        NATIONAL INDUSTRIAL PARK DEVEL. &                      Non-Traded            100.0985

                             MANAGEMENT Co. SUKUK (11-08-07)

4    SCB/TFC/010206         SCB (PAK) LTD-TFC (01-02-06)                           Non-Traded            101.4183

5    WAPDA/SUK/050106       WAPDA-SUKUK (05-01-06)                                 Non-Traded             99.4348

6    WAPDA/SUK/130707       WAPDA-SUKUK (13-07-07)                                 Non-Traded             94.1034

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RATED AA+

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7    OLPL/TFC/250507        ORIX LEASING PAKISTAN LTD-TFC (25-05-07)               Non-Traded            100.2915

8    OLPL/TFC/150108        ORIX LEASING PAKISTAN LTD-TFC (15-01-08)               Non-Traded            100.0141

9    PKIC/TFC/280306        PAK KUWAIT INVESTMENT COMPANY LTD-TFC (28-03-06)       Non-Traded             99.9621

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RATED AA

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10   BAHL/TFC/150704        BANK AL-HABIB LTD-TFC (15-07-04) 10% cap               Non-Traded             95.9810

11   BAHL/TFC/070207        BANK AL-HABIB LTD-TFC (07-02-07)                       Traded                101.5000

12   BAHL/TFC/150609        BANK AL-HABIB LTD-TFC (15-06-09)                       Non-Traded             96.3534

13   ENGRO/TFC/301107       ENGRO FERTILIZER LTD-TFC (30-11-07)                    Traded                 99.0000

14   ENGRO/TFC(I)/180308    ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-I)            Traded                 92.0000

15   ENGRO/TFC(II)/180308   ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-II)           Non-Traded             96.7923

16   ENGRO/TFC/171209       ENGRO FERTILIZER LTD-TFC (17-12-09)                    Traded                101.1048

17   JSCL/TFC/211106        JAHANGIR SIDDIQUI & COMPANY LTD-TFC (21-11-06)         Non-Traded            100.6812

18   JSCL/TFC/040707        JAHANGIR SIDDIQUI & COMPANY LTD-TFC (04-07-07)         Non-Traded             99.9832

19   OLPL/SUK/300607        ORIX LEASING PAKISTAN LTD-SUKUK (30-06-07)             Non-Traded             99.8301

20   PAFL/TFC/280208        PAK ARAB FERTILIZERS LTD-TFC (28-02-08)                Non-Traded             99.7675

21   PAFL/TFC/161209        PAK ARAB FERTILIZERS LTD-TFC (16-12-09)                Non-Traded            101.1836

22   SSGC/SUK/311207        SUI SOUTHERN GAS COMPANY -                             Non-Traded             98.9909

                            SUKKUK (31-12-07) - I

23   UBL/TFC/100804         UNITED BANK LTD-TFC (10-08-04)                         Traded                 94.0000

24   UBL/TFC/150305         UNITED BANK LTD-TFC (15-03-05)                         Traded                 87.3517

25   UBL/TFC/080906         UNITED BANK LTD-TFC (08-09-06)                         Non-Traded             99.9595

26   UBL/TFC/140208         UNITED BANK LTD-TFC (14-02-08)                         Traded                 97.4333

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RATED AA-

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27   ABL/TFC/061206         ALLIED BANK LTD-TFC (06-12-06)                         Non-Traded             93.5899

28   ABL/TFC/280809         ALLIED BANK LTD-TFC (28-08-09)                         Non-Traded             83.2505

29   AKBL/TFC/040205        ASKARI BANK LTD-TFC (04-02-05)                         Non-Traded             95.2661

30   AKBL/TFC/311005        ASKARI BANK LTD-TFC (31-10-05)                         Non-Traded             93.7666

31   AKBL/TFC/181109        ASKARI BANK LTD-TFC (18-11-09)                         Traded                103.0000

32   BAFL/TFC/231104        BANK ALFALAH LTD-TFC (23-11-04)                        Non-Traded             96.7945

33   BAFL/TFC/251105        BANK ALFALAH LTD-TFC (25-11-05)                        Non-Traded             94.6087

34   BAFL/TFC/021209-FX     BANK ALFALAH LTD-TFC (02-12-09) - Fixed                Traded                 98.1500

35   BAFL/TFC/021209-FT     BANK ALFALAH LTD-TFC (02-12-09) - Floating             Traded                101.4000

36   ENGRO/SUK/060907       ENGRO FERTILIZER LTD-SUKUK (06-09-07)**                Non-Traded            100.0000

37   FABL/TFC/121107        FAYSAL BANK LTD  (12-11-2007)                          Non-Traded             93.0745

38   RBS/TFC/100205         FAYSAL BANK LTD -TFC (10-02-05)                        Non-Traded             96.8434

                             (FORMERLY: RBS  - TFC (10-02-05) )

39   SCIL/SUK/031206        SITARA CHEMICALS LTD - SUKUK - II (03-12-06)           Non-Traded             98.8272

40   SCIL/SUK/020108        SITARA CHEMICALS LTD - SUKUK - III (02-01-08)          Non-Traded             97.3013

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RATED A+

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41   AASML/TFC/211107       AL ABBAS SUGAR MILLS LTD-TFC (21-11-07)                Non-Traded             93.4407

42   CPBM/SUK/250907        CENTURY PAPER & BOARD MILLS LTD- SUKUK (25-09-07)      Traded                 96.2500

43   FRSCL(A)/TFC/170107    FINANCIAL REC''BLES SEC''ZATION CO. LTD-TFC CLASS "A"    Non-Traded             93.2181

44   FRSCL(B)/TFC/170107    FINANCIAL REC''BLES SEC''ZATION CO. LTD-TFC CLASS "B"    Non-Traded             93.2181

45   HBFC/SUK/080508        HOUSE BUILDING FINANCE                                 Non-Traded             91.7338

                             CORPORATION LTD - SUKUK (08-05-08)

46   IGIBL/TFC/110706       IGI INV. BANK LTD-TFC (FIRST INT''l INV.                Non-Traded             99.8952

                             BANK LTD. - TFC) (11-07-06)

47   KASBS/TFC/270607       KASB SECURITIES LTD- TFC (27-06-07)                    Non-Traded             96.3162

48   NIB/TFC/050308         NIB BANK LTD-TFC (05-03-08)                            Traded                 96.3374

49   PMCL/TFC/310506        PAKISTAN MOBILE COMMUNICATION LTD-TFC (31-05-06)       Non-Traded             95.4061

50   PMCL/TFC/281008        PAKISTAN MOBILE COMMUNICATION LTD-TFC (28-10-08)       Traded                 86.0667

51   PEL/SUK/280907         PEL-SUKUK (28-09-07)                                   Non-Traded             96.2067

52   PEL/SUK/310308         PEL-SUKUK (31-03-08)                                   Non-Traded             88.0153

53   SNBL/TFC/050505        SONERI BANK LTD-TFC (05-05-05)                         Non-Traded             93.2994

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RATED A

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54   EBL/SUK/080908         EDEN BUILDERS LTD.- SUKUK (08-09-08)                   Non-Traded             87.3469

55   EIBL/TFC/150307        ESCORTS INVESTMENT BANK LTD-TFC (15-03-07)**           Non-Traded             88.0000

56   JDWS/TFC/230608        JDW SUGAR MILLS LTD. TFC (23-06-08)                    Non-Traded             85.0041

57   OPTI/TFC/101007        OPTIMUS LTD - TFC (10-10-07)                           Non-Traded             92.2946

58   TRAKKER/TFC/150907     TRAKKER (15-09-07) - PPTFC                             Non-Traded             97.5733

59   WTL/TFC/281106         WORLDCALL TELECOM LTD.TFC (28-11-06)                   Non-Traded             95.5278

60   WTL/TFC/071008         WORLDCALL TELECOM LTD-TFC (07-10-08)                   Traded                 87.5257

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RATED A-

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61   AVH/TFC/300409         AVARI HOTELS-TFC (30-04-09)                            Non-Traded             84.1977

62   JDWS/SUK/190608        JDW SUGAR MILLS LTD. SUKUK (19-06-08)                  Non-Traded             84.0348

63   SEARL/TFC/090306       SEARLE PAKISTAN LTD-TFC (09-03-06)                     Non-Traded             99.9722

64   SSML/SUK/270907        SHAHMURAD SUGAR MILLS LTD-SUKUK (27-09-07)             Non-Traded             92.1013

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RATED BBB+

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65   QTML/SUK/260908        QUETTA TEXTILE MILLS LTD-SUKUK (26-09-08)              Non-Traded             75.0569

66   SMEL/TFC/160708        SME LEASING LTD-TFC (16-07-08)                         Non-Traded             99.1862

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RATED BBB

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67   TELE/TFC/270505        TELECARD LTD-TFC (27-05-05)                            Non-Traded             85.5929

68   TRIBL/TFC/040708       TRUST INVESTMENT BANK LTD-TFC (04-07-08)               Non-Traded             85.4724

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RATED BBB-

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                                                                                                              N/A

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VALUATION OF RATED NON-INVESTMENT GRADE DEBT SECURITIES

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1    AZLC/TFC/050907        ALZAMIN LEASING CORPORATION LTD-TFC (05-09-07)         Non-Traded             75.0000

2*   EHL/SUK/310308         EDEN HOUSING LTD.- SUKUK (31-03-08)                    Non-Traded             69.4642

3    GLL/TFC/040708         GRAYS LEASING LTD. - TFC (04-07-08)                    Non-Traded             75.0000

4*   MLFC/SUK/031207        MAPLE LEAF SUKUK-(03-12-07)                            Non-Traded             62.7145

5*   MLFC/SUK/310310        MAPLE LEAF SUKUK-(31-03-10)                            Non-Traded             70.4059

6*   SPLC/TFC/130308        SAUDI PAK LEASING COMPANY LTD-TFC (13-03-08)           Non-Traded             66.0247

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VALUATION OF NON-RATED INVESTMENT GRADE DEBT SECURITIES

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1    DAWH/SUK/180907        DAWOOD HERCULES-SUKUK (18-09-07)                       Non-Traded             96.5257

2    SEL/SUK/160707         SITARA ENERGY LTD-SUKUK (16-07-07)                     Non-Traded             96.1644

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VALUATION OF NON-RATED DEBT SECURITIES

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1    BNL/TFC/301108         BUNNY''S LTD. - TFC (30-11-08)                          Non-Traded             75.0000

2    CTM/TFC/170604         CRESCENT TEXTILE MILLS LTD-TFC (17-06-04)              Non-Traded             75.0000

3    JCL/TFC/101106         JAVEDAN CEMENT LTD-TFC (10-11-06)                      Non-Traded             75.0000

4*   KCCL/SUK/131207        KOHAT CEMENT-SUKKUK (20-12-07)                         Non-Traded             67.6150

5*   SLCL/TFC/280306        SECURITY LEASING CORPORATION LTD-PPTFC (28-03-06)      Non-Traded             70.3280

6*   SLCL/SUK/010607        SECURITY LEASING CORPORATION                           Non-Traded             70.4348

                             LTD-SUKKUK (01-06-07) - I

7*   SLCL/SUK/190907        SECURITY LEASING CORPORATION                           Non-Traded             70.4348

                            LTD-SUKKUK (19-09-07) - II

8    VDL/TFC/301108         VISION DEVELOPERS (PVT) LTD (30-11-08)                 Non-Traded             75.0000

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VALUATION OF NON-PERFORMING DEBT SECURITIES

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1    PAFL/TFC/301107        AGRITECH LTD-TFC (30-11-07)                            Non-Traded          A/C to NPA

2    PAFL/TFC/140108        AGRITECH LTD-TFC (14-01-08)                            Non-Traded          A/C to NPA

3    PAFL/SUK/060808        AGRITECH LTD-SUKUK (06-08-08)                          Non-Traded          A/C to NPA

4    PAFL/TFC/011208        AGRITECH LTD-TFC (01-12-08)                            Non-Traded          A/C to NPA

5    AAHL/TFC/230806        AL ABBAS HOLDINGS (PVT) LTD-TFC (23-08-06)             Non-Traded          A/C to NPA

6    AZLM/TFC/120508        AL-ZAMIN LEASING MODARABA LTD-TFC (12-05-08)           Non-Traded          A/C to NPA

7    AML/SUK/210108         AMTEX LTD.-SUKUK (21-01-08)                            Non-Traded          A/C to NPA

8    ATML/SUK/150408        ARZOO TEXTILE MILLS LTD-SUKUK (15-04-08)               Non-Traded          A/C to NPA

9    ANL/TFC/200905         AZGARD NINE LTD- TFC (20-09-05)                        Non-Traded          A/C to NPA

10   ANL/TFC/041207         AZGARD NINE LTD- TFC (04-12-07) PP                     Non-Traded          A/C to NPA

11   BRRGM/TFC/070708       BRR GUARDIAN MODARABA (07-07-08)                       Non-Traded          A/C to NPA

12   DCL/TFC/               DEWAN CEMENT LTD                                       Non-Traded          A/C to NPA

13   EHL/SUK/311207         EDEN HOUSING LTD.- SUKUK (31-12-07)                    Non-Traded          A/C to NPA

14   FDIBL/TFC/110907       FIRST DAWOOD INVESTMENT BANK LTD. TFC (11-09-07)       Non-Traded          A/C to NPA

15   GHL/TFC/230806         GHANI HOLDING (PVT) LTD-TFC (23-08-06)                 Non-Traded          A/C to NPA

16   GCL/TFC/180108         GHARIBWAL CEMENT-TFC (18-01-08)                        Non-Traded          A/C to NPA

17   NAEL/TFC/150507        NEW ALLIED ELECTRONIC (15-05-07)                       Non-Traded          A/C to NPA

18   NAEL/SUK/270707        NEW ALLIED ELECTRONIC - SUKUK (27-07-07)               Non-Traded          A/C to NPA

19   NAEIL/SUK/031207       NEW ALLIED ELECTRONIC - SUKUK (03-12-07)               Non-Traded          A/C to NPA

20   PACE/TFC/150208        PACE (PAKISTAN) LTD-TFC (15-02-08)                     Non-Traded          A/C to NPA

21   PHO/TFC/311208         PAK HY-OILS LTD-TFC (31-12-08)                         Non-Traded          A/C to NPA

22   SGML/TFC/220908        SHAKARGANJ MILLS LTD-TFC (22-09-08)                    Non-Traded          A/C to NPA

23   SPL/SUK/190808         SITARA PEROXIDE LTD-SUK (19-08-08)                     Non-Traded          A/C to NPA

24   TSH/SUK/260608         THREE STAR HOSIERY SUKUK (25-06-08)                    Non-Traded          A/C to NPA

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NOTE:
Price has been calculated after apply maximum markup of 500 basis points to the calculated yield as provided under SECPs Circular No 3 of 2010.
In implementation of the Board''s decision taken in the 9th Meeting 2010-2011.
Valuation of debt securities moving from traded to non-traded category to be capped at last traded price.
Applicability for Traded Securities (Bold Highlighted) : March 18, 2011 (Prices will change on daily basis).
Applicability for Non-Traded Securities : March 7, 2011 to March 19, 2011.
Source: - MUFAP.
Copyright Business Recorder, 2011