Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (October 28, 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         99.0797

                           WORKS LTD-SUKUK (02-11-07)

2    KSEW/SUK/040208       KARACHI SHIPYARD & ENGINEERING                      Non-Traded         99.3364

                            WORKS LTD-SUKUK (04-02-08)

3    NIPC/SUK/110807       NATIONAL INDUSTRIAL PARK DEVEL. &                   Non-Traded        100.6071

                           MANAGEMENT Co. SUKUK (11-08-07)

4    SCB/TFC/010206        SCB (PAK) LTD-TFC (01-02-06)                        Non-Traded        101.5716

5    WAPDA/SUK/050106      WAPDA-SUKUK (05-01-06)                              Non-Traded         99.7948

6    WAPDA/SUK/130707      WAPDA-SUKUK (13-07-07)                              Non-Traded         93.8272

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RATED AA+

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7    OLPL/TFC/250507       ORIX LEASING PAKISTAN LTD-TFC (25-05-07)**          Non-Traded           96.25

8    OLPL/TFC/150108       ORIX LEASING PAKISTAN LTD-TFC (15-01-08)            Non-Traded        100.6667

9    OLPL/TFC/300611       ORIX LEASING PAKISTAN LTD-TFC (30-06-11)            Non-Traded        103.0723

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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         90.7795

11   BAHL/TFC/070207       BANK AL-HABIB LTD-TFC (07-02-07)                    Non-Traded        101.2568

12   BAHL/TFC/150609       BANK AL-HABIB LTD-TFC (15-06-09)                    Non-Traded          104.97

13   BAHL/TFC/300611       BANK AL-HABIB LTD-TFC (30-06-11)                    Traded            105.8955

14   ENGROC/TFC/010211     ENGRO CORPORATION LTD-TFC (01-02-11) **             Non-Traded          99.299

15   ENGRO/TFC/301107      ENGRO FERTILIZER LTD-TFC (30-11-07)                 Traded                96.5

16   ENGRO/TFC(I)/180308   ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-I)**       Traded                  97

17   ENGRO/TFC(II)/180308  ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-II)        Non-Traded         98.7067

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

19   JSCL/TFC/211106       JAHANGIR SIDDIQUI & COMPANY LTD-TFC (21-11-06)      Non-Traded        101.0304

20   JSCL/TFC/040707       JAHANGIR SIDDIQUI & COMPANY LTD-TFC (04-07-07)      Non-Traded        100.9467

21   OLPL/SUK/300607       ORIX LEASING PAKISTAN LTD-SUKUK (30-06-07)          Non-Traded        100.4765

22   PAFL/TFC/280208       PAK ARAB FERTILIZERS LTD-TFC (28-02-08)             Traded                 100

23   PAFL/TFC/161209       PAK ARAB FERTILIZERS LTD-TFC (16-12-09)             Non-Traded        101.9166

24   PLHC/TFC/070211       PAK LIBYA HOLDING COMPANY                           Non-Traded         100.403

                            (PVT) LTD-TFC (07-02-11)

25   SSGC/SUK/311207       SUI SOUTHERN GAS COMPANY -                          Traded             100.125

                           SUKKUK (31-12-07) - I

26   UBL/TFC/100804        UNITED BANK LTD-TFC (10-08-04)**                    Non-Traded           94.75

27   UBL/TFC/150305        UNITED BANK LTD-TFC (15-03-05)                      Traded                  95

28   UBL/TFC/080906        UNITED BANK LTD-TFC (08-09-06)                      Non-Traded         98.6653

29   UBL/TFC/140208        UNITED BANK LTD-TFC (14-02-08)                      Traded             99.7455

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RATED AA-

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30   ABL/TFC/061206        ALLIED BANK LTD-TFC (06-12-06)                      Non-Traded        100.3365

31   ABL/TFC/280809        ALLIED BANK LTD-TFC (28-08-09)                      Non-Traded         94.4937

32   AKBL/TFC/040205       ASKARI BANK LTD-TFC (04-02-05)                      Non-Traded        100.0273

33   AKBL/TFC/311005       ASKARI BANK LTD-TFC (31-10-05)                      Non-Traded         99.4396

34   AKBL/TFC/181109       ASKARI BANK LTD-TFC (18-11-09)                      Non-Traded        101.6105

35   BAFL/TFC/231104       BANK ALFALAH LTD-TFC (23-11-04)                     Non-Traded        100.1385

36   BAFL/TFC/251105       BANK ALFALAH LTD-TFC (25-11-05)                     Non-Traded          99.701

37   BAFL/TFC/021209-FX    BANK ALFALAH LTD-TFC (02-12-09) - Fixed             Traded            103.9758

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

39   ENGRO/SUK/060907      ENGRO FERTILIZER LTD-SUKUK (06-09-07)***            Non-Traded             100

40   RBS/TFC/100205        FAYSAL BANK LTD -TFC (10-02-05)                     Non-Traded        100.6642

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

41   FABL/TFC/121107       FAYSAL BANK LTD  (12-11-2007)                       Non-Traded         99.2281

42   FABL/TFC/271210       FAYSAL BANK LTD  (27-12-2010)                       Traded               103.5

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RATED A+

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43   AASML/TFC/211107      AL ABBAS SUGAR MILLS LTD-TFC (21-11-07)             Non-Traded         99.6606

44   CPBM/SUK/250907       CENTURY PAPER & BOARD MILLS                         Traded               99.95

                            LTD- SUKUK (25-09-07)

45   FRSCL(A)/TFC/170107   FINANCIAL REC''BLES SEC''ZATION                       Non-Traded        100.1601

                           CO. LTD-TFC CLASS "A"

46   FRSCL(B)/TFC/170107   FINANCIAL REC''BLES SEC''ZATION                       Non-Traded        100.1601

                           CO. LTD-TFC CLASS "B"

47   JDWS/TFC/230608       JDW SUGAR MILLS LTD. TFC (23-06-08)                 Non-Traded         98.9031

48   KASBS/TFC/270607      KASB SECURITIES LTD- TFC (27-06-07)                 Non-Traded        100.3174

49   NIB/TFC/050308        NIB BANK LTD-TFC (05-03-08)                         Traded              97.124

50   PMCL/TFC/310506       PAKISTAN MOBILE COMMUNICATION LTD-TFC (31-05-06)    Non-Traded        100.8719

51   PMCL/TFC/281008       PAKISTAN MOBILE COMMUNICATION LTD-TFC (28-10-08)    Non-Traded         99.0145

52   SCIL/SUK/031206       SITARA CHEMICALS LTD - SUKUK - II (03-12-06)        Non-Traded          99.835

53   SCIL/SUK/020108       SITARA CHEMICALS LTD - SUKUK - III (02-01-08)       Non-Traded         99.5256

54   SNBL/TFC/050505       SONERI BANK LTD-TFC (05-05-05)                      Non-Traded          100.16

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RATED A

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55   EBL/SUK/080908        EDEN BUILDERS LTD.- SUKUK (08-09-08)                Non-Traded          99.036

56   HBFC/SUK/080508       HOUSE BUILDING FINANCE CORPORATION                  Non-Traded         97.5512

                            LTD - SUKUK (08-05-08)

57   JDWS/SUK/190608       JDW SUGAR MILLS LTD. SUKUK (19-06-08)               Non-Traded         97.7115

58   OPTI/TFC/101007       OPTIMUS LTD - TFC (10-10-07)                        Non-Traded         80.6332

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RATED A-

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59   AVH/TFC/300409        AVARI HOTELS-TFC (30-04-09)                         Non-Traded         99.5035

60   SSML/SUK/270907       SHAHMURAD SUGAR MILLS LTD-SUKUK (27-09-07)          Non-Traded         99.2814

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RATED BBB+

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61   PEL/SUK/280907        PEL-SUKUK (28-09-07)                                Non-Traded         92.1714

62   PEL/SUK/310308        PEL-SUKUK (31-03-08)                                Non-Traded         91.5541

61   QTML/SUK/260908       QUETTA TEXTILE MILLS LTD-SUKUK (26-09-08)           Non-Traded         92.0516

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RATED BBB

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62   TRIBL/TFC/040708      TRUST INVESTMENT BANK LTD-TFC (04-07-08)            Non-Traded         95.7122

63   WTL/TFC/281106        WORLDCALL TELECOM LTD.TFC (28-11-06)                Non-Traded         99.7281

64*  WTL/TFC/071008        WORLDCALL TELECOM LTD-TFC (07-10-08)                Non-Traded         86.9981

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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

2    BRRGM/TFC/070708      BRR GUARDIAN MODARABA (07-07-08)                    Non-Traded              75

3*   EIBL/TFC/150307       ESCORTS INVESTMENT BANK LTD-TFC (15-03-07) &&       Non-Traded         73.7356

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

5*   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        100.3271

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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

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          70.328

4*   SLCL/SUK/010607       SECURITY LEASING CORPORATION                        Non-Traded         70.6825

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

5*   SLCL/SUK/190907       SECURITY LEASING CORPORATION                        Non-Traded         70.6825

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

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VALUATION OF NON-PERFORMING DEBT SECURITIES

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1    PAFL/TFC/291107       AGRITECH LTD-TFC (29-11-07)                         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   MLFC/SUK/031207       MAPLE LEAF SUKUK-(03-12-07)                         Non-Traded      A/C to NPA

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

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

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

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

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

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

25   SEL/SUK/160707        SITARA ENERGY LTD-SUKUK (16-07-07)                  Non-Traded      A/C to NPA

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

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

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

29   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.
&& For TFC issued by Escorts Investment Bank, the period of fifteen days from the due date expires today. However we have received an intimation from the Trustee First Dawood Investment Bank Limited (along with a legal opinion from Mandviwalla and Zafar Advocates) that consents from more than 51% of TFC holders have been received to extend principal payment due by September 15, 2011 for a period of 45 days (up to October 29, 2011). MUFAP is applying discretionary mark up of 500 bps under Circular 1 of 2009 and 3 of 2010. Details of rationale for applying discretionary mark up will be provided on Monday.
Applicability for Traded Securities (Bold Highlighted) : October 28, 2011 (Prices will change on daily basis).
Applicability for Non-Traded Securities : Octo 17, 2011 to October 28, 2011.
Source: - MUFAP.
Copyright Business Recorder, 2011