Revised Rates of Debt Securities
The following were the revised rates of debt securities on Tuesday (August 12, 2014).
Price has been calculated after apply maximum markup of 500 basis points to the calculated yield as provided under SECPs Circular No 33 of 2012.
Yield calculated as per the Board recommended format. Approved on 26th July, 2011 BOD.
Applicability for Traded Securities (Bold Highlighted) : August 12, 2014 (Prices will change on daily basis).
Applicability for Non-Traded Securities : August 04, 2014 to Aug 15, 2014.
Source: - MUFAP.
Copyright Business Recorder, 2014