Revised Rates of Debt Securities

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

===============================================================================================================

RATES OF DEBT SECURITIES

===============================================================================================================

S.No.   Code                TFCs and Sukuks                                             Traded/          Prices

                                                                                        Non-Traded

===============================================================================================================

Valuation of Rated Investment Grade Debt Securities

---------------------------------------------------------------------------------------------------------------

GOVERNMENT GUARANTEED

---------------------------------------------------------------------------------------------------------------

1   KSEW/SUK/021107         KARACHI SHIPYARD & ENGINEERING WORKS LTD-SUKUK (02-11-07)   Non-Traded     100.4968

2   KSEW/SUK/040208         KARACHI SHIPYARD & ENGINEERING WORKS LTD-SUKUK (04-02-08)   Non-Traded     100.5491

3   NIPC/SUK/110807         NATIONAL INDUSTRIAL PARK DEVEL

                            & MANAGEMENT Co SUKUK (11-08-07)                            Non-Traded     101.4534

4   SCB/TFC/010206          SCB (PAK) LTD-TFC (01-02-06)                                Non-Traded     101.6516

5   WAPDA/SUK/050106        WAPDA-SUKUK (05-01-06)                                      Non-Traded     100.2507

6   WAPDA/SUK/130707        WAPDA-SUKUK (13-07-07)                                      Non-Traded      96.4007

---------------------------------------------------------------------------------------------------------------

RATED AA+

---------------------------------------------------------------------------------------------------------------

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     100.7534

---------------------------------------------------------------------------------------------------------------

RATED AA

---------------------------------------------------------------------------------------------------------------

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     102.9448

11  BAHL/TFC/150609         BANK AL-HABIB LTD-TFC (15-06-09)                            Non-Traded     101.5698

12  BAHL/TFC/300611         BANK AL-HABIB LTD-TFC (30-06-11)                            Non-Traded      99.4872

13  ENGROC/TFC/010211       ENGRO CORPORATION LTD-TFC (01-02-11)                        Traded          99.2461

14  ENGRO/TFC/301107        ENGRO FERTILIZER LTD-TFC (30-11-07)                         Traded          96.2140

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     101.7418

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     101.1743

19  JSCL/TFC/040707         JAHANGIR SIDDIQUI & COMPANY LTD-TFC (04-07-07)              Non-Traded     101.7020

20  OLPL/SUK/300607         ORIX LEASING PAKISTAN LTD-SUKUK (30-06-07)                  Non-Traded     100.6233

21  PAFL/TFC/280208         PAK ARAB FERTILIZERS LTD-TFC (28-02-08)                     Non-Traded     100.9349

22  PAFL/TFC/161209         PAK ARAB FERTILIZERS LTD-TFC (16-12-09)                     Non-Traded     102.9747

23  PLHC/TFC/070211         PAK LIBYA HOLDING COMPANY (PVT) LTD-TFC (07-02-11)          Non-Traded     102.0250

24  SSGC/SUK/311207         SUI SOUTHERN GAS COMPANY-SUKKUK (31-12-07)-I                Non-Traded      99.9232

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)**                            Non-Traded     101.2452

28  UBL/TFC/140208          UNITED BANK LTD-TFC (14-02-08)                              Traded          98.7147

---------------------------------------------------------------------------------------------------------------

RATED AA-

---------------------------------------------------------------------------------------------------------------

29  ABL/TFC/061206          ALLIED BANK LTD-TFC (06-12-06)                              Non-Traded     102.4474

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     101.0385

32  AKBL/TFC/311005         ASKARI BANK LTD-TFC (31-10-05)                              Non-Traded     101.4382

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     100.7724

35  BAFL/TFC/251105         BANK ALFALAH LTD-TFC (25-11-05)                             Non-Traded     101.1785

36  BAFL/TFC/021209-FX      BANK ALFALAH LTD-TFC (02-12-09)-Fixed                       Traded          98.2500

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  FABL/TFC/121107         FAYSAL BANK LTD (12-11-2007)                                Non-Traded     101.3064

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

                            (FORMERLY: RBS-TFC (10-02-05))                              Non-Traded     101.1318

---------------------------------------------------------------------------------------------------------------

RATED A+

---------------------------------------------------------------------------------------------------------------

41  AASML/TFC/211107        AL ABBAS SUGAR MILLS LTD-TFC (21-11-07)                     Non-Traded      98.5415

42  CPBM/SUK/250907         CENTURY PAPER & BOARD MILLS LTD-SUKUK (25-09-07)            Traded          98.0462

43  FRSCL(A)/TFC/170107     FINANCIAL REC''BLES SEC''ZATION CO LTD-TFC CLASS "A"          Non-Traded      98.9207

44  FRSCL(B)/TFC/170107     FINANCIAL REC''BLES SEC''ZATION CO LTD-TFC CLASS "B"          Non-Traded      98.9207

45  KASBS/TFC/270607        KASB SECURITIES LTD-TFC (27-06-07)                          Non-Traded      99.4395

46  NIB/TFC/050308          NIB BANK LTD-TFC (05-03-08)                                 Traded          96.1350

47  PMCL/TFC/310506         PAKISTAN MOBILE COMMUNICATION LTD-TFC (31-05-06)            Non-Traded      99.8444

48  PMCL/TFC/281008         PAKISTAN MOBILE COMMUNICATION LTD-TFC (28-10-08)            Traded          94.1107

49  SCIL/SUK/031206         SITARA CHEMICALS LTD-SUKUK-II (03-12-06)                    Non-Traded      99.5165

50  SCIL/SUK/020108         SITARA CHEMICALS LTD-SUKUK-III (02-01-08)                   Non-Traded      98.6308

51  SNBL/TFC/050505         SONERI BANK LTD-TFC (05-05-05)                              Non-Traded      98.6662

---------------------------------------------------------------------------------------------------------------

RATED A

---------------------------------------------------------------------------------------------------------------

52  EBL/SUK/080908          EDEN BUILDERS LTD.-SUKUK (08-09-08)                         Non-Traded      97.9698

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

54  HBFC/SUK/080508         HOUSE BUILDING FINANCE CORPORATION LTD-SUKUK (08-05-08)     Non-Traded      96.0994

55  JDWS/TFC/230608         JDW SUGAR MILLS LTD TFC (23-06-08)                          Non-Traded      96.3837

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

57  PEL/SUK/280907          PEL-SUKUK (28-09-07)                                        Non-Traded      98.6813

58  PEL/SUK/310308          PEL-SUKUK (31-03-08)                                        Non-Traded      94.4854

59  TRAKKER/TFC/150907      TRAKKER (15-09-07)-PPTFC                                    Non-Traded      99.0892

60  WTL/TFC/281106          WORLDCALL TELECOM LTD.TFC (28-11-06)                        Non-Traded      99.1471

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

---------------------------------------------------------------------------------------------------------------

RATED A-

---------------------------------------------------------------------------------------------------------------

62  AVH/TFC/300409          AVARI HOTELS-TFC (30-04-09)                                 Non-Traded      97.4921

63  JDWS/SUK/190608         JDW SUGAR MILLS LTD SUKUK (19-06-08)                        Non-Traded      95.1588

64  SSML/SUK/270907         SHAHMURAD SUGAR MILLS LTD-SUKUK (27-09-07)                  Non-Traded      98.4338

---------------------------------------------------------------------------------------------------------------

RATED BBB+

---------------------------------------------------------------------------------------------------------------

65  QTML/SUK/260908         QUETTA TEXTILE MILLS LTD-SUKUK (26-09-08)                   Non-Traded      91.3683

---------------------------------------------------------------------------------------------------------------

RATED BBB

---------------------------------------------------------------------------------------------------------------

66  TRIBL/TFC/040708        TRUST INVESTMENT BANK LTD-TFC (04-07-08)                    Non-Traded      94.7110

---------------------------------------------------------------------------------------------------------------

RATED BBB-

---------------------------------------------------------------------------------------------------------------

                                                                                                            N/A

---------------------------------------------------------------------------------------------------------------

Valuation of Rated Non-Investment Grade Debt Securities

---------------------------------------------------------------------------------------------------------------

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

---------------------------------------------------------------------------------------------------------------

Valuation of Rated Non-Rated Investment Grade Debt Securities

---------------------------------------------------------------------------------------------------------------

1   DAWH/SUK/180907         DAWOOD HERCULES-SUKUK (18-09-07)                            Non-Traded     100.5754

2   SEL/SUK/160707          SITARA ENERGY LTD-SUKUK (16-07-07)                          Non-Traded      99.1547

---------------------------------------------------------------------------------------------------------------

Valuation of Non Rated Debt Securities

---------------------------------------------------------------------------------------------------------------

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

---------------------------------------------------------------------------------------------------------------

Valuation of Non-Performing Debt Securities

---------------------------------------------------------------------------------------------------------------

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  SLCL/SUK/010607         SECURITY LEASING CORPORATION LTD-SUKKUK (01-06-07)-I        Non-Traded   A/C to NPA

23  SLCL/SUK/190907         SECURITY LEASING CORPORATION LTD-SUKKUK (19-09-07)-II       Non-Traded   A/C to NPA

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

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

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

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

28  VDL/TFC/301108          VISION DEVELOPERS (PVT) LTD (30-11-08)                      Non-Traded   A/C to NPA

===============================================================================================================

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.
Applicability for Traded Securities (Bold Highlighted) : July 18, 2011 (Prices will change on daily basis).
Applicability for Non-Traded Securities : Jul 11, 2011 to Jul 24, 2011.
Source: - MUFAP.
Copyright Business Recorder, 2011