Karachi: Trading in the three-year Variable Rental Rate (VRR) Green Government of Pakistan Ijarah Sukuk (GIS) is set to resume from Tuesday, May 19, 2026, following a suspension that began earlier this month. This development was confirmed in a notice to all market participants concerning the GIS issue dated May 19, 2025, which had been on hold due to rental payment issues.

According to information available from the Pakistan Stock Exchange (PSX), the VRR Green GIS, with a maturity date of May 19, 2028, will be tradable under newly revised profit rates. The net profit rate currently applicable is 10.4132%, and the latest six-month weighted average yield as of May 13, 2026, stands at 12.2797%. The spread, as per the auction on May 16, 2025, is set at -61.00 basis points, leading to a new net profit rate of 11.6697% applicable from May 19, 2026, until November 19, 2026.

All market participants are advised to note these changes and make the necessary adjustments in their records to accommodate the revised trading conditions. The designated market category remains unchanged for this financial instrument.