Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (August 24, 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 WORKS LTD-SUKUK (02-11-07)   Non-Traded      99.9932

2   KSEW/SUK/040208        KARACHI SHIPYARD & ENGINEERING WORKS LTD-SUKUK (04-02-08)   Non-Traded      99.8881

3   NIPC/SUK/110807        NATIONAL INDUSTRIAL PARK DEVEL

                            & MANAGEMENT Co SUKUK (11-08-07)                           Non-Traded     101.2850

4   SCB/TFC/010206         SCB (PAK) LTD-TFC (01-02-06)                                Non-Traded     101.7960

5   WAPDA/SUK/050106       WAPDA-SUKUK (05-01-06)                                      Non-Traded     100.0602

6   WAPDA/SUK/130707       WAPDA-SUKUK (13-07-07)                                      Non-Traded      95.4727

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RATED AA+

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7   OLPL/TFC/250507        ORIX LEASING PAKISTAN LTD-TFC (25-05-07)**                  Non-Traded      96.2500

8   OLPL/TFC/150108        ORIX LEASING PAKISTAN LTD-TFC (15-01-08)                    Non-Traded     100.7989

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RATED AA

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9   BAHL/TFC/150704        BANK AL-HABIB LTD-TFC (15-07-04) 10% cap**                  Non-Traded      90.7795

10  BAHL/TFC/070207        BANK AL-HABIB LTD-TFC (07-02-07)                            Non-Traded     101.8654

11  BAHL/TFC/150609        BANK AL-HABIB LTD-TFC (15-06-09)                            Non-Traded     102.8448

12  BAHL/TFC/300611        BANK AL-HABIB LTD-TFC (30-06-11)                            Traded         101.2625

13  ENGROC/TFC/010211      ENGRO CORPORATION LTD-TFC (01-02-11)                        Traded          99.2352

14  ENGRO/TFC/301107       ENGRO FERTILIZER LTD-TFC (30-11-07)                         Non-Traded      93.6936

15  ENGRO/TFC(I)/180308    ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-I)**               Non-Traded      94.0000

16  ENGRO/TFC(II)/180308   ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-II)                Non-Traded     100.1267

17  ENGRO/TFC/171209       ENGRO FERTILIZER LTD-TFC (17-12-09)**                       Non-Traded     101.5516

18  JSCL/TFC/211106        JAHANGIR SIDDIQUI & COMPANY LTD-TFC (21-11-06)              Non-Traded     100.9828

19  JSCL/TFC/040707        JAHANGIR SIDDIQUI & COMPANY LTD-TFC (04-07-07)              Non-Traded     101.2359

20  OLPL/SUK/300607        ORIX LEASING PAKISTAN LTD-SUKUK (30-06-07)                  Non-Traded     100.4708

21  PAFL/TFC/280208        PAK ARAB FERTILIZERS LTD-TFC (28-02-08)                     Non-Traded     100.6959

22  PAFL/TFC/161209        PAK ARAB FERTILIZERS LTD-TFC (16-12-09)                     Non-Traded     102.3808

23  PLHC/TFC/070211        PAK LIBYA HOLDING COMPANY (PVT) LTD-TFC (07-02-11)          Non-Traded     100.9810

24  SSGC/SUK/311207        SUI SOUTHERN GAS COMPANY-SUKKUK (31-12-07)-I                Non-Traded      99.6573

25  UBL/TFC/100804         UNITED BANK LTD-TFC (10-08-04)**                            Non-Traded      94.7500

26  UBL/TFC/150305         UNITED BANK LTD-TFC (15-03-05)**                            Non-Traded      91.0000

27  UBL/TFC/080906         UNITED BANK LTD-TFC (08-09-06)                              Traded         100.0556

28  UBL/TFC/140208         UNITED BANK LTD-TFC (14-02-08)                              Traded          99.2500

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RATED AA-

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29  ABL/TFC/061206         ALLIED BANK LTD-TFC (06-12-06)                              Non-Traded     100.9903

30  ABL/TFC/280809         ALLIED BANK LTD-TFC (28-08-09)**                            Non-Traded      98.2500

31  AKBL/TFC/040205        ASKARI BANK LTD-TFC (04-02-05)**                            Non-Traded     100.0235

32  AKBL/TFC/311005        ASKARI BANK LTD-TFC (31-10-05)                              Non-Traded     100.1261

33  AKBL/TFC/181109        ASKARI BANK LTD-TFC (18-11-09)**                            Non-Traded     103.4333

34  BAFL/TFC/231104        BANK ALFALAH LTD-TFC (23-11-04)                             Non-Traded     100.2950

35  BAFL/TFC/251105        BANK ALFALAH LTD-TFC (25-11-05)                             Non-Traded     100.1448

36  BAFL/TFC/021209-FX     BANK ALFALAH LTD-TFC (02-12-09)-Fixed                       Traded          99.5350

37  BAFL/TFC/021209-FT     BANK ALFALAH LTD-TFC (02-12-09)-Floating***                 Non-Traded     101.4004

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

39  RBS/TFC/100205         FAYSAL BANK LTD-TFC (10-02-05)

                           (FORMERLY: RBS-TFC (10-02-05))                              Non-Traded     100.5696

40  FABL/TFC/121107        FAYSAL BANK LTD  (12-11-2007)                               Non-Traded      99.9055

41  FABL/TFC/271210        FAYSAL BANK LTD  (27-12-2010)                               Non-Traded     101.1077

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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      99.4038

42  CPBM/SUK/250907        CENTURY PAPER & BOARD MILLS LTD-SUKUK (25-09-07)            Non-Traded      98.1103

43  FRSCL(A)/TFC/170107    FINANCIAL REC'BLES SEC'ZATION CO LTD-TFC CLASS "A"          Non-Traded      99.6845

44  FRSCL(B)/TFC/170107    FINANCIAL REC'BLES SEC'ZATION CO LTD-TFC CLASS "B"          Non-Traded      99.6845

45  JDWS/TFC/230608        JDW SUGAR MILLS LTD TFC (23-06-08)                          Non-Traded      98.5526

46  KASBS/TFC/270607       KASB SECURITIES LTD-TFC (27-06-07)                          Non-Traded     100.0144

47  NIB/TFC/050308         NIB BANK LTD-TFC (05-03-08)                                 Traded          96.2833

48  PMCL/TFC/310506        PAKISTAN MOBILE COMMUNICATION LTD-TFC (31-05-06)            Non-Traded     100.5289

49  PMCL/TFC/281008        PAKISTAN MOBILE COMMUNICATION LTD-TFC (28-10-08)            Non-Traded      95.0249

50  SCIL/SUK/031206        SITARA CHEMICALS LTD-SUKUK-II (03-12-06)                    Non-Traded      99.6541

51  SCIL/SUK/020108        SITARA CHEMICALS LTD-SUKUK-III (02-01-08)                   Non-Traded      99.2319

52  SNBL/TFC/050505        SONERI BANK LTD-TFC (05-05-05)                              Non-Traded      99.6068

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RATED A

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53  EBL/SUK/080908         EDEN BUILDERS LTD.-SUKUK (08-09-08)                         Non-Traded      98.4834

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

55  HBFC/SUK/080508        HOUSE BUILDING FINANCE CORPORATION LTD-SUKUK (08-05-08)     Non-Traded      96.8599

56  JDWS/SUK/190608        JDW SUGAR MILLS LTD SUKUK (19-06-08)                        Non-Traded      97.0534

57  OPTI/TFC/101007        OPTIMUS LTD-TFC (10-10-07)                                  Non-Traded      82.0000

58  PEL/SUK/280907         PEL-SUKUK (28-09-07)                                        Non-Traded      96.1943

59  PEL/SUK/310308         PEL-SUKUK (31-03-08)                                        Non-Traded      95.2906

60  TRAKKER/TFC/150907     TRAKKER (15-09-07)-PPTFC                                    Non-Traded      99.6498

61  WTL/TFC/281106         WORLDCALL TELECOM LTD.TFC (28-11-06)                        Non-Traded      99.3979

62  WTL/TFC/071008         WORLDCALL TELECOM LTD-TFC (07-10-08)**                      Non-Traded      91.4500

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RATED A-

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63  AVH/TFC/300409         AVARI HOTELS-TFC (30-04-09)                                 Non-Traded      98.2571

64  SSML/SUK/270907        SHAHMURAD SUGAR MILLS LTD-SUKUK (27-09-07)                  Non-Traded      98.7630

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RATED BBB+

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65  QTML/SUK/260908        QUETTA TEXTILE MILLS LTD-SUKUK (26-09-08)                   Non-Traded      90.9475

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RATED BBB

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66  TRIBL/TFC/040708       TRUST INVESTMENT BANK LTD-TFC (04-07-08)                    Non-Traded      94.2998

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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   BRRGM/TFC/070708       BRR GUARDIAN MODARABA (07-07-08)                            Non-Traded      75.0000

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

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

5*  PACE/TFC/150208        PACE (PAKISTAN) LTD-TFC (15-02-08)                          Non-Traded      67.2511

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

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Valuation of Rated Non-Rated Investment Grade Debt Securities

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1   DAWH/SUK/180907        DAWOOD HERCULES-SUKUK (18-09-07)                            Non-Traded     100.0256

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Valuation of Non Rated Debt Securities

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

2*  KCCL/SUK/131207        KOHAT CEMENT-SUKKUK (20-12-07)                              Non-Traded      66.8024

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

4*  SLCL/SUK/010607        SECURITY LEASING CORPORATION LTD-SUKKUK (01-06-07)-I        Non-Traded      70.6825

5*  SLCL/SUK/190907        SECURITY LEASING CORPORATION LTD-SUKKUK (19-09-07)-II       Non-Traded      70.6825

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Valuation of Non-Performing Debt Securities

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1   PAFL/TFC/291107        AGRITECH LTD-TFC (29-11-07)                                 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  BNL/TFC/301108         BUNNY'S LTD-TFC (30-11-08)                                  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  EHL/SUK/310308         EDEN HOUSING LTD.-SUKUK (31-03-08)                          Non-Traded   A/C to NPA

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

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

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

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

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

20  NAEIL/SUK/031207       NEW ALLIED ELECTRONIC-SUKUK (03-12-07)                      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  SEL/SUK/160707         SITARA ENERGY LTD-SUKUK (16-07-07)                          Non-Traded   A/C to NPA

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

25  TELE/TFC/270505        TELECARD LTD-TFC (27-05-05)                                 Non-Traded   A/C to NPA

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

27  VDL/TFC/301108         VISION DEVELOPERS (PVT) LTD (30-11-08)                      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.
In line of special circumstances as underline by MUFAP in emails to member dated 8th March, 2011.
Yield calculated as per the Board recommended format. Approved on 26th July BOD.
Applicability for Traded Securities (Bold Highlighted) : Aug 24, 2011 (Prices will change on daily basis).
Applicability for Non-Traded Securities : Aug 22, 2011 to September 3, 2011.
Source: - MUFAP.
Copyright Business Recorder, 2011