Govt accepts Rs23.5bn face value in GoP Ijarah Sukuk Outright Purchase

Mettis Global reported that the State Bank of Pakistan held an auction on September 30, 2026, to buy government Ijarah sukuk outright on a deferred payment basis. The authorities took up Rs23.5bn of face value, which works out to a deferred Bai Muajjal sum of Rs35.530bn. Delivery of the sukuk is set for October 1, 2026.

Only one tenor was on offer, 1,096 days, under issue PK05S0610266, and offers totalled Rs52.6bn at face value. Bid prices spanned 149.39 to 154.31, and the cut-off deferred price landed at 151.19. Accepted volume came to about 44.7% of the total offered.

The report presents the bid summary and the acceptance results in separate tables. Taken together, they show Rs23.5bn accepted against Rs52.6bn offered, with the cut-off placed at 151.19 within the bid range.