KARACHI: Pakistan Stock Exchange (PSX) raised Rs 135.87 billion for the Ministry of Finance in the 17th Auction of GOP Ijarah Sukuk (GIS).

Total bids received worth Rs 536.08 billion in this auction held on Wednesday.

The GIS cut-off rates for the Fixed Rate Discounted – 1 Year Discounted stood at 10.4199 percent down 58 bps; for Fixed Rental Rate – 3 Year FRR at 11.4990 percent, down 0.1 bps; for 5 Year FRR at 11.9900 percent, down 10.1 bps while cut off rate for 10 Year FRR remained unchanged at 11.7000 percent.

Copyright Business Recorder, 2025