Karachi: All market participants in the Pakistan Stock Exchange (PSX) will see the resumption of trading in 3 and 5-year Fixed Rental Rate (FRR) and 10-year Variable Rental Rate (VRR) GoP Ijarah Sukuk (GIS) on Monday, September 8, 2025. This follows a prior suspension notice, PSX/N-920, issued on August 27, 2025, concerning rental payments of the said securities.
The trading suspension affected GIS issues dated March 7, 2025. As trading resumes, the 10-year VRR instrument will be available under revised profit rates. According to information available from the Pakistan Stock Exchange (PSX), the net profit rate applicable from September 7, 2025, until March 7, 2026, will be adjusted based on the latest 6-month weighted average yield. The security code P10VRR070335 will see a new net profit rate of 10.7160%, a minor move from the previously applicable rate.
This development is part of a broader initiative to ensure transparency and accuracy in financial instruments traded on the exchange. The PSX continues to provide timely updates to market participants to facilitate informed trading decisions.