Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (December 18, 2012).

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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/AAA

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1     NIPC/SUK/110807        NATIONAL INDUSTRIAL PARK DEVEL.

                             & MANAGEMENT Co. SUKUK (11-08-07)                         Non-Traded             101.7438

2     SCB/TFC/010206         SCB (PAK) LTD-TFC (01-02-06)-Amortization                 Non-Traded             100.2418

3     SCB/TFC/290612         SCB (PAK) LTD-TFC (29-06-12)                              Traded                 101.1000

4     WAPDA/SUK/050106       WAPDA-SUKUK (05-01-06)-Amortization                       Non-Traded             100.0042

5     WAPDA/SUK/130707       WAPDA-SUKUK (13-07-07)                                    Non-Traded              98.0956

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RATED AA+

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6     OLPL/TFC/150108        ORIX LEASING PAKISTAN LTD-TFC (15-01-08)                  Non-Traded             100.0698

7     OLPL/TFC/300611        ORIX LEASING PAKISTAN LTD-TFC (30-06-11) ****             Non-Traded              99.2451

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RATED AA

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8     ABL/TFC/061206         ALLIED BANK LTD-TFC (06-12-06)                            Non-Traded             101.8514

9     ABL/TFC/280809         ALLIED BANK LTD-TFC (28-08-09) ****                       Non-Traded              97.3156

10    BAHL/TFC/070207        BANK AL-HABIB LTD-TFC (07-02-07)                          Non-Traded             103.1630

11    BAHL/TFC/150609        BANK AL-HABIB LTD-TFC (15-06-09)                          Traded                 111.3838

12    BAHL/TFC/300611        BANK AL-HABIB LTD-TFC (30-06-11)                          Non-Traded             114.2902

13    JSCL/TFC/040707        JAHANGIR SIDDIQUI & COMPANY LTD-TFC (04-07-07)            Non-Traded             100.6074

14    PAFL/TFC/280208        PAK ARAB FERTILIZERS LTD-TFC (28-02-08)-Amortization      Non-Traded             100.0412

15    PAFL/TFC/161209        PAK ARAB FERTILIZERS LTD-TFC (16-12-09)                   Non-Traded             102.3821

16    PLHC/TFC/070211        PAK LIBYA HOLDING COMPANY (PVT) LTD-TFC (07-02-11)****    Non-Traded             100.7542

17    SSGC/SUK/311207        SUI SOUTHERN GAS COMPANY-SUKKUK (31-12-07)-Amortization   Non-Traded             100.0054

18    UBL/TFC/150305         UNITED BANK LTD-TFC (15-03-05)-Amortization               Non-Traded              99.6067

19    UBL/TFC/080906         UNITED BANK LTD-TFC (08-09-06)                            Non-Traded             101.7447

20    UBL/TFC/140208         UNITED BANK LTD-TFC (14-02-08)                            Traded                 102.3703

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RATED AA-

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21    AKBL/TFC/040205        ASKARI BANK LTD-TFC (04-02-05)-Amortization               Non-Traded              99.9550

22    AKBL/TFC/311005        ASKARI BANK LTD-TFC (31-10-05)                            Non-Traded             100.8934

23    AKBL/TFC/181109        ASKARI BANK LTD-TFC (18-11-09)****                        Non-Traded             110.1546

24    AKBL/TFC/231211        ASKARI BANK LTD-TFC (23-12-11)****                        Non-Traded             107.2872

25    BAFL/TFC/251105        BANK ALFALAH LTD-TFC (25-11-05)                           Non-Traded             100.5830

26    BAFL/TFC/021209-FX     BANK ALFALAH LTD-TFC (02-12-09)-Fixed                     Non-Traded             109.2450

27    BAFL/TFC/021209-FT     BANK ALFALAH LTD-TFC (02-12-09)-Floating                  Non-Traded             104.6417

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

                             (FORMERLY: RBS-TFC (10-02-05))-Amortizaton                Non-Traded             100.1803

29    FABL/TFC/121107        FAYSAL BANK LTD (12-11-2007)****                          Non-Traded             101.5156

30    FABL/TFC/271210        FAYSAL BANK LTD (27-12-2010) ****                         Non-Traded              98.4680

31    PMCL/TFC/310506        PAKISTAN MOBILE COMMUNICATION

                             LTD-TFC (31-05-06)-Amortization                           Non-Traded             100.4320

32    PMCL/TFC/281008        PAKISTAN MOBILE COMMUNICATION LTD-TFC (28-10-08)          Traded                  99.7209

33    PMCL/TFC/180412        PAKISTAN MOBILE COMMUNICATION LTD-TFC (18-04-12) ****     Non-Traded              98.2652

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RATED A+

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34    AASML/TFC/211107       AL ABBAS SUGAR MILLS LTD-TFC (21-11-07)                   Non-Traded             100.5743

35    CPBM/SUK/250907        CENTURY PAPER & BOARD MILLS LTD-SUKUK (25-09-07) ****     Non-Traded              98.1084

36    ENGROC/TFC/010211      ENGRO CORPORATION LTD-TFC (01-02-11) ****                 Non-Traded             101.1628

37    ENGROC/TFC/160911      ENGRO CORPORATION LTD-TFC (16-09-11)                      Traded                 100.5199

38    FRSCL(A)/TFC/170107    FINANCIAL REC'BLES SEC'ZATION CO. LTD-TFC CLASS "A"       Non-Traded             100.8159

39    FRSCL(B)/TFC/170107    FINANCIAL REC'BLES SEC'ZATION CO. LTD-TFC CLASS "B"       Non-Traded             100.8159

40    JDWS/TFC/230608        JDW SUGAR MILLS LTD. TFC (23-06-08)                       Non-Traded             100.2272

41    NIB/TFC/050308         NIB BANK LTD-TFC (05-03-08)                               Traded                 100.2504

42    SCIL/SUK/020108        SITARA CHEMICALS LTD-SUKUK-III (02-01-08)-Amortization    Non-Traded              99.9812

43    SNBL/TFC/050505        SONERI BANK LTD-TFC (05-05-05) ****                       Non-Traded              99.5301

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RATED A

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44    EBL/SUK/080908         EDEN BUILDERS LTD.-SUKUK (08-09-08)                       Non-Traded              99.9283

45    ENGRO/TFC/301107       ENGRO FERTILIZER LTD-TFC (30-11-07)                       Traded                  97.5327

46    ENGRO/TFC(I)/180308    ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-I)               Traded                  89.6667

47    ENGRO/TFC(II)/180308   ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-II)              Non-Traded              93.9819

48    ENGRO/TFC/171209       ENGRO FERTILIZER LTD-TFC (17-12-09) ****                  Non-Traded              90.8399

49    HBFC/SUK/080508        HOUSE BUILDING FINANCE CORPORATION LTD-SUKUK (08-05-08)   Non-Traded              98.8116

50    JDWS/SUK/190608        JDW SUGAR MILLS LTD. SUKUK (19-06-08)                     Non-Traded              99.2044

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RATED A-

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51    AVH/TFC/300409         AVARI HOTELS-TFC (30-04-09)                               Non-Traded              96.3441

52    ENGRO/SUK/060907       ENGRO FERTILIZER LTD-SUKUK (06-09-07) ****                Non-Traded              98.7060

53    SMMTB/TFC/271011       SUMMIT BANK LTD-TFC (27-10-11)                            Non-Traded              95.4742

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RATED BBB+

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-         -                      -                                                         -                         -

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RATED BBB

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-         -                      -                                                         -                         -

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RATED BBB-

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-         -                      -                                                         -                         -

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Valuation of Rated Non-Investment Grade Debt Securities

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

2*    EHL/SUK/311207         EDEN HOUSING LTD.-SUKUK (31-12-07)                        Non-Traded              71.1437

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

4*    SPLC/TFC/130308        SAUDI PAK LEASING COMPANY LTD-TFC (13-03-08)              Non-Traded              65.9776

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Valuation of Rated Non-Rated Investment Grade Debt Securities

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-         -                      -                                                         -                         -

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Valuation of Non Rated Debt Securities

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1     KCCL/SUK/131207        KOHAT CEMENT-SUKKUK (20-12-07)                            Non-Traded              75.0000

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Valuation of Non-Performing Debt Securities

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S.No     Code            TFCs and Sukuks                                        Non-Performing   Traded/        Prices

                                                                                    Since      Non-Traded

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1    PAFL/TFC/291107     AGRITECH LTD-TFC (29-11-07)                             14/Jun/2010   Non-Traded   A/C to NPA

2    PAFL/TFC/140108     AGRITECH LTD-TFC (14-01-08)                             02/Aug/2010   Non-Traded   A/C to NPA

3    PAFL/SUK/060808     AGRITECH LTD-SUKUK (06-08-08)                           23/Aug/2010   Non-Traded   A/C to NPA

4    PAFL/TFC/011208     AGRITECH LTD-TFC (01-12-08)                             16/Jun/2010   Non-Traded   A/C to NPA

5        -               AGRITECH LTD (11%)-TFC (01-07-11)                       17/Jan/2012   Non-Traded   A/C to NPA

6        -               AGRITECH LTD (0%)-TFC (01-07-11)                        17/Jan/2012   Non-Traded   A/C to NPA

7    AZLC/TFC/050907     ALZAMIN LEASING CORPORATION LTD-TFC (05-09-07)          17/May/2012   Non-Traded   A/C to NPA

8    AZLM/TFC/120508     AL-ZAMIN LEASING MODARABA LTD-TFC (12-05-08)            26/Aug/2010   Non-Traded   A/C to NPA

9    AML/SUK/120108      AMTEX LTD.-SUKUK (21-01-08)                             06/Jan/2011   Non-Traded   A/C to NPA

10   ATML/SUK/150408     ARZOO TEXTILE MILLS LTD-SUKUK (15-04-08)                02/Jan/2010   Non-Traded   A/C to NPA

11   ANL/TFC/200905      AZGARD NINE LTD-TFC (20-09-05)                          19/May/2010   Non-Traded   A/C to NPA

12   ANL/TFC/041207      AZGARD NINE LTD-TFC (04-12-07) PP                       21/Jun/2010   Non-Traded   A/C to NPA

13   ANL/TFC/280612      AZGARD NINE LTD-TFC (28-06-12) (Zero Coupon)            07/Dec/2012   Non-Traded   A/C to NPA

14   BNL/TFC/301108      BUNNY'S LTD.-TFC (30-11-08)                             15/Jun/2011   Non-Traded   A/C to NPA

15   DCL/TFC/            DEWAN CEMENT LTD                                        09/Jan/2009   Non-Traded   A/C to NPA

16   EHL/SUK/310308      EDEN HOUSING LTD.-SUKUK (31-03-08)                      06/May/2011   Non-Traded   A/C to NPA

17   FDIBL/TFC/110907    FIRST DAWOOD INVESTMENT BANK LTD. TFC (11-09-07)        27/Sep/2010   Non-Traded   A/C to NPA

18   GCL/TFC/180108      GHARIBWAL CEMENT-TFC (18-01-08)                         24/Nov/2009   Non-Traded   A/C to NPA

19   MLFC/SUK/031207     MAPLE LEAF SUKUK-(03-12-07)                             19/Sep/2011     Traded     A/C to NPA

20   MLFC/SUK/310310     MAPLE LEAF SUKUK-(31-03-10)                             17/Jan/2012   Non-Traded   A/C to NPA

21   NAEL/TFC/150507     NEW ALLIED ELECTRONIC (15-05-07)                        09/Jan/2009   Non-Traded   A/C to NPA

22   NAEL/SUK/270707     NEW ALLIED ELECTRONIC-SUKUK (27-07-07)                  09/Jan/2009   Non-Traded   A/C to NPA

23   NAEIL/SUK/031207    NEW ALLIED ELECTRONIC-SUKUK (03-12-07)                  09/Jan/2009   Non-Traded   A/C to NPA

24   PACE/TFC/150208     PACE (PAKISTAN) LTD-TFC (15-02-08)                      05/Sep/2011   Non-Traded   A/C to NPA

25   PHO/TFC/311208      PAK HY-OILS LTD-TFC (31-12-08)                          21/Jan/2010   Non-Traded   A/C to NPA

26   PEL/SUK/280907      PEL-SUKUK (28-09-07)                                    13/Jan/2012   Non-Traded   A/C to NPA

27   PEL/SUK/310308      PEL-SUKUK (31-03-08)                                    17/Jan/2012   Non-Traded   A/C to NPA

28   QTML/SUK/260908     QUETTA TEXTILE MILLS LTD-SUKUK (26-09-08)               11/Apr/2012   Non-Traded   A/C to NPA

29   SLCL/TFC/280306     SECURITY LEASING CORPORATION LTD-PPTFC (28-03-06)       03/Apr/2012   Non-Traded   A/C to NPA

30   SLCL/SUK/010607     SECURITY LEASING CORPORATION LTD-SUKKUK (01-06-07)-I    03/Apr/2012   Non-Traded   A/C to NPA

31   SLCL/SUK/190907     SECURITY LEASING CORPORATION LTD-SUKKUK (19-09-07)-II   03/Apr/2012   Non-Traded   A/C to NPA

32   SGML/TFC/220908     SHAKARGANJ MILLS LTD-TFC (22-09-08)                     24/Nov/2009   Non-Traded   A/C to NPA

33   SPL/SUK/190808      SITARA PEROXIDE LTD-SUK (19-08-08)                      15/Jun/2010   Non-Traded   A/C to NPA

34   TELE/TFC/270505     TELECARD LTD-TFC (27-05-05)                             13/Jun/2011     Traded     A/C to NPA

35   TSHM/SUK/250808     THREE STAR HOSIERY SUKUK (25-06-08)                     11/Jun/2010   Non-Traded   A/C to NPA

36   TRIBL/TFC/040708    TRUST INVESTMENT BANK LTD-TFC (04-07-08)                18/Oct/2012   Non-Traded   A/C to NPA

37   WTL/TFC/071008      WORLDCALL TELECOM LTD-TFC (07-10-08)                    08/Nov/2012   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.
Yield calculated as per the Board recommended format. Approved on 26th July BOD.
&& Avari Hotel Ltd. (30-10-2007) the coupon of which was due on October 30, 2012 was classified as NPA as it had failed to pay its coupon on the due date. The payment was received by industry members two days after due date. As Avari Hotel Ltd. (30-10-2007) was classified as NPA solely due to implementation of clause A of Annexure II of circular 33 of 2012, we have reclassified it as performing today after rectification has been made by the Commission through Circular 35 of 2012.
Applicability for Traded Securities (Bold Highlighted) : December 18, 2012 (Prices will change on daily basis).
Applicability for Non-Traded Securities : December 10, 2012 to December 21, 2012.
Source: - MUFAP.
Copyright Business Recorder, 2012