Karachi: The Pakistan Stock Exchange (PSX) has announced a temporary suspension of trading activities for the Government of Pakistan Ijarah Sukuk, GIS P01GIS170925, in light of its upcoming maturity payment. This suspension will impact trading activities, clearing and settlement processes at the National Clearing Company of Pakistan Limited (NCCPL), and the movement in Sub Accounts and Investor Accounts at the Central Depository Company (CDC).

The maturity payment for the Discounted GIS P01GIS170925, initially issued through a primary market auction at PSX on September 18, 2024, is scheduled for September 17, 2025. Consequently, trading will be suspended from September 12, 2025, to September 16, 2025. The CDC will observe a shut period from September 15 to September 16, 2025, during which no movements in the respective Sub Accounts and Investor Accounts will occur.

According to information available from the Pakistan Stock Exchange (PSX), these measures are being undertaken to ensure a smooth and orderly process for the maturity payment due to the eligible investors. All market participants and concerned stakeholders have been advised to take note of these arrangements to adjust their trading and settlement operations accordingly.

The designated market category for this security is the fixed income market, which includes various types of debt instruments. All involved parties have been instructed to adhere to the outlined schedule to facilitate the timely execution of the maturity payment.