Karachi: In a notification released to market participants, the Pakistan Stock Exchange (PSX) announced the suspension of trading activities related to the Government of Pakistan (GoP) Ijarah Sukuk (GIS) with a specific focus on the issue dated September 30, 2025. The trading halt is in preparation for an upcoming rental payment scheduled for March 30, 2026, impacting all eligible investors of these securities.
The suspension will affect the trading, clearing, and settlement of the Fixed Rental Rate (FRR) and Variable Rental Rate (VRR) GIS. According to the notice, the trading suspension at PSX will occur from March 25 to March 27, 2026, while the Central Depository Company (CDC) will observe a shut period from March 26 to March 27, 2026, for relevant GIS. The affected securities include the 3-Year Fixed Rental Rate Sukuk with a maturity date of September 30, 2028, identified by the security code P03FRR300928.
According to information available from the Pakistan Stock Exchange (PSX), the suspension is a procedural move to ensure the seamless processing of the rental payment and to maintain transparency and orderliness in the market. Investors holding these securities are advised to take note of the specific suspension schedules to manage their portfolios accordingly.
The designated market category for this update remains under the purview of the fixed income securities segment, which is a critical component of the PSX, serving as a platform for the issuance and trading of debt securities. Market participants are urged to adhere to the timelines to avoid any inconvenience related to transaction processing during the suspension period.