Auction of Pakistan Investment Bonds for 3, 5, 10, and 20 years maturity was held on February 13, 2013 with coupon rates as 11.25 percent, 11.50 percent, 12.00 percent, and 13.00 percent for 3, 5, 10 and 20 years maturity respectively and settlement date of February 14, 2013. The bid summary for 3, 5, 10 and 20 years maturity is as following:
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(Amount in PKR million)
Tenor Face Value Realised Accrued Total Realized Price Range
Amount Interest Amount (per Rs 100)
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03 Years 7,800.400 7,842.407 62.510 7,904.917 101.55-99.87
05 Years 2,750.000 2,781.930 22.527 2,804.457 101.70-99.64
10 Years 2,400.000 2,416.135 20.515 2,436.650 101.10-98.28
20 Years N O B I D S R E C E I V E D
Total 12,950.400 13,040.472 105.552 13,146.024
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Out of the above bids, the accepted bids were as under:
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(Amount in PKR million)
Tenor Face Value Realized Accrued Total Realized Cut-off Price Cut-off Yield Effective Weighted
Amount Interest Amount (per Rs 100) (YTM) %p.a. Average Yield %pa
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03 Years B I D S R E J E C T E D
05 Years B I D S R E J E C T E D
10 Years B I D S R E J E C T E D
20 Years N O B I D S R E C E I V E D
Total - - - -
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