Karachi: The Pakistan Stock Exchange (PSX) has announced an auction for the issuance of Government of Pakistan (GoP) Hybrid Sukuk (GHS) and GoP Ijarah Sukuk (GIS), scheduled for October 7, 2026. This announcement follows a revised auction calendar as per PSX Notice# PSX/N-1121, dated September 11, 2026.

According to the Debt Management Office (DMO) of the Ministry of Finance, the PSX will conduct the auction with targeted issuance amounts set for three different maturities. Specifically, the auction is set to offer PKR 25 billion worth of three-year sukuk, PKR 50 billion of five-year sukuk, and PKR 25 billion of ten-year sukuk, bringing the total target auction size to PKR 100 billion.

This auction is part of the designated market category for government securities. The settlement of these instruments is planned for October 8, 2026. The GoP Hybrid Sukuk will be offered with a fixed rental rate, while the GoP Ijarah Sukuk will be issued as a fixed rate zero coupon.

According to information available from the Pakistan Stock Exchange (PSX), this auction is an integral part of the efforts to manage government debt efficiently and provide investment opportunities in the Islamic finance sector. The PSX continues to serve as a pivotal platform for the distribution of these financial instruments.

Market participants are advised to follow the guidelines set forth by the PSX and the Ministry of Finance to ensure smooth participation in the auction process.