Karachi: The Pakistan Stock Exchange Limited (PSX) has announced the upcoming Bai' Muajjal Auction for the Government of Pakistan's Ijarah Sukuk (GIS), as detailed in the auction target calendar issued by the Debt Management Office (DMO) of the Ministry of Finance. Scheduled for October 29, 2025, this auction is set against a backdrop of strategic financial management and involves a significant issuance target.

According to information available from the Pakistan Stock Exchange (PSX), the auction will feature the GIS Instrument Code P01GIS061125, which was initially issued on November 7, 2024, and is set to mature on November 6, 2025. The settlement date for the Bai' Muajjal is planned for October 30, 2025, with a maturity date on October 30, 2028, marking a three-year tenor for the instrument.

The auction aims to achieve a target of PKR 75 billion. The designated market category for this financial activity involves all market participants, who have been advised to anticipate further details regarding the auction in due course.