Trading Resumes for 3-Year VRR Green GIS with Revised Profit Rates

Islamabad: Trading in the 3-Year Variable Rental Rate (VRR) Green Government of Pakistan Ijarah Sukuk (GIS) is set to resume on Wednesday, November 19, 2025, following a recent suspension. This decision comes after PSX Notice# PSX/N-1191, issued on November 5, 2025, which announced the halt in trading due to issues related to rental payments.

According to information available from the Pakistan Stock Exchange (PSX), the VRR Green GIS instrument, initially issued on May 19, 2025, will now be traded based on revised profit rates. The net profit rate, currently set at 10.6434%, will be adjusted to a new rate of 10.4132% effective from November 19, 2025, until May 19, 2026. This adjustment comes in light of the latest 6-month weighted average yield recorded at 11.0232% as of November 12, 2025. The spread, as per the auction held on May 16, 2025, is noted at -0.61%.

Market participants are advised to take note of these changes as trading resumes under the updated terms.