Karachi: All market participants have been informed of an upcoming significant financial event scheduled by the Pakistan Stock Exchange Limited (PSX). The inaugural Bai’ Muajjal Auction of Government of Pakistan (GoP) Ijarah Sukuk (GIS) will take place, adhering to the auction target calendar released by the Debt Management Office (DMO) of the Ministry of Finance (MoF).

The event is set to initiate on October 8, 2025, with the settlement process concluding on October 9, 2025. The maturity of the Bai’ Muajjal is slated for April 9, 2026, offering a six-month tenor spanning 182 days. The auction target has been set at 60 billion Pakistani Rupees (PKR).

According to information available from the Pakistan Stock Exchange (PSX), this auction is a critical step in the financial calendar as prescribed by the MoF, with further details expected to be communicated to the market participants ahead of the auction date. The designated market category for this financial activity is the Bai’ Muajjal Auction of GoP Ijarah Sukuk.