Pakistan Prize Bonds Pakistan Investment Bonds Pakistan Euro Bonds

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Types of bonds

Total types of bond issued by pakistan companies: 170

How much types of bonds are traded in the Pakistan?


Three types of bonds are traded in the market.
PAKISTAN PRIZE BONDS

PAKISTAN INVESTMENT BONDS

PAKISTAN EURO BONDS

PAKISTAN EURO BONDS


LONDON, Feb 12 2004: Pakistan’s Eurobond launch lived up to high expectations on Thursday, as a heavily
oversubscribed $500 million deal reopened the international market for the nation’s debt.
The bonds priced at par with a coupon of 6.75 per cent, well below initial guidance of 6.875 per cent. “The
bond offers investors exposure to an improving credit with great scarcity value. Most people were content
to buy bonds at the tight end of the range because they were committed to participating,” said George
Niedringhaus, syndicate official at ABN Amro.
Word from the road show was that the order book filled almost immediately, and orders reached $2 billion
by the time it wound up in London on Wednesday. Over 200 accounts signed up for the transaction, which
was lead managed by JP Morgan, ABN Amro and Deutsche Bank.
Marketing began in Bahrain on Sunday and followed up in Singapore, Dubai, Abu Dhabi, Frankfurt, Hong
Kong and London. On the final day of the road show, syndicate officials reported that pricing had narrowed
to 6.75pc-6.85pc, from initial guidance of 6.875pc.

Pakistan Investment Bonds ******

PAKISTAN INVESTMENT BONDS RULES, 2000


1. These rules may be called the Pakistan Investment Bond Rules, 2000.
2. They shall come into force at once.
3. They shall apply to the Pakistan Investment Bonds hereinafter referred to as the Bonds, issued by the Federal Government from time to time.
4. The maturity period of the Bonds shall be three, five, ten fifteen and 20 years.
5. The Bonds shall be issued in multiples of one hundred thousand rupees.
6. The profit on the Bonds shall be paid semi-annually.
7. The Bonds shall not be redeemable before maturity.
8. The Bonds shall be sold by auction to primarily dealers in such manner as may be specified by the State Bank of Pakistan.
9. The coupon rate, maturity wise, shall be announced by the State Bank of Pakistan on each auction. Bidders however shall be allowed to submit their bids at par, discount or premium.
10. The Bonds may be held by individuals, institutions and bodes corporate including banks irrespective of their residential status. The Investment by persons resident outside Pakistan shall
be in foreign exchange remitted through the official channels. Such investments shall be eligible for repatriation of the principal as well as periodical profits on the Bonds but the exchange
risk shall be that of the investor.
11. The Bonds shall be traded freely in the country’s secondary markets and transferable through Subsidiary General Ledger Accounts.
12. The Bonds shall be scriptless and managed through clients. Subsidiary General Ledger Accounts with banks.
13. The Bonds shall be approved security for calculating the Statutory Liquidity Reserve.
14. The Bonds shall be accepted by the banks as collateral.
15. The profit earned on the Bonds shall be liable to tax under the Income Tax Ordinance, 1979 (XXXI of 1979), Withholding tax on the profit earned on the Bonds shall be deducted at the
rate of ten percent at source.
16. There shall be no compulsory deduction of Zakat at source and a sahib-e-nisab may pay Zakat voluntarily according to Shariah.

PAKISTAN PRIZE BONDS


Prize Bonds are bearer type of security available in the denominations of Rs.200, Rs.750,
Rs.1,500, Rs.7,500, Rs.15,000 and Rs.40,000. These bonds are issued in series. Each series
consist of one less than 1,000,000 bonds. No fixed return is paid but prize draws are held
on quarterly basis. The draws are held under common draw method and the number of
prizes are same for each series. It means that if 50 series of Rs.200 Prize Bond are in
circulation. Then on each draw we have 50 winners of 1st prize and 250 winners of 2nd
Prize and so on. The number and amount of prizes on various denomination of prize
bonds for each series is shown in the following table*:
Denomination First Prize 2nd Prize 3rd Prize

No. Amount No. Amount No. Amount

Rs.            200/- 01 Rs.     750,000 05 Rs.     250,000 2,394 Rs.           1,250

Rs.            750/- 01 Rs.   1,500,000 03 Rs.     500,000 1,696 Rs.           9,300

Rs.         1,500/- 01 Rs.   3,000,000 03 Rs.   1,000,000 1,696 Rs.         18,500

Rs.         7,500/- 01 Rs. 03 Rs.  5,000,000 1,696 Rs.         93,000


15,000,000

Rs.       01 Rs. 03 Rs.   10,000,000 1,696 Rs.        185,000


15,000/- 30,000,000

Rs.       01 Rs. 03 Rs. 25,000,000 1,696 Rs.        500,000


40,000/- 75,000,000

Bonds related with PIBs******

Rates of   January, 22 2009

Company Close Change High Low Volume

Allied Bank tfc 4,950.00 .00 .00 .00 .00

Azgard Nine tfc 5.00 .00 .00 .00 .00

Crescent Leasing TFC 5,117.65 .00 .00 .00 .00

Dewan Sal (TFII) 5,500.00 .00 .00 .00 .00

Engro Asahi (TFC) 5,050.00 .00 .00 .00 .00

Engro Chemical (TFC) 53,000.00 .00 .00 .00 .00

First Oil & Gas 3,705.00 .00 .00 .00 .00

Gatron Ind 5,150.00 .00 .00 .00 .00

Ittehad Chemical 5,000.00 .00 .00 .00 .00

Maple Leaf Cmt 5,415.00 .00 .00 .00 .00

MCB (TFC) 5,200.00 .00 .00 .00 .00

Orix Leasing 5,185.10 .00 .00 .00 .00

Pakistan Ind Leasing 5,000.00 .00 .00 .00 .00

Pakistan PTA 5,100.00 .00 .00 .00 .00

Paramount Leasing 3,677.00 .00 .00 .00 .00


Quetta Textile (TFC) 5,000.00 .00 .00 .00 .00

Reliance Weving 5,375.00 .00 .00 .00 .00

Saudi Pak (TFC) 5,000.00 .00 .00 .00 .00

Security Leasing 5,348.30 .00 .00 .00 .00

Shahmurad Sugar 5,000.00 .00 .00 .00 .00

Sigma Leasing 5,000.00 .00 .00 .00 .00

Sitara Chemical 5,700.00 .00 .00 .00 .00

Soneri Bank TFC 5,251.75 .00 .00 .00 .00

Sui South Gas (TFC) 5,600.00 .00 .00 .00 .00

TeleCard TFC 4,287.35 .00 .00 .00 .00

Trust Leasing 5,375.00 .00 .00 .00 .00

United Bank TFC 4,861.40 .00 .00 .00 .00

World Call TFC 5,750.00 .00 .00 .00 .00

NOTE: All rates in Rupees. Unless indicated otherwise, each share is valued at Rs.10.
* Shares valued at Rs.5, ** Shares valued at Rs.50, *** Shares valued at Rs.100

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