Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (October 07, 2011).

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RATES OF DEBT SECURITIES

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S.No   Code                  TFCs and Sukuks                                     Traded/          Prices

                                                                               Non-Traded

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Valuation of Rated Investment Grade Debt Securities

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GOVERNMENT GUARANTEED

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1    KSEW/SUK/021107        KARACHI SHIPYARD & ENGINEERING WORKS              Non-Traded         99.8682

                            LTD-SUKUK (02-11-07)

2    KSEW/SUK/040208        KARACHI SHIPYARD & ENGINEERING WORKS              Non-Traded         99.8763

                            LTD-SUKUK (04-02-08)

3    NIPC/SUK/110807        NATIONAL INDUSTRIAL PARK DEVEL. &                 Non-Traded        101.2268

                            MANAGEMENT Co. SUKUK (11-08-07)

4    SCB/TFC/010206         SCB (PAK) LTD-TFC (01-02-06)                      Non-Traded        101.6111

5    WAPDA/SUK/050106       WAPDA-SUKUK (05-01-06)                            Non-Traded        100.0261

6    WAPDA/SUK/130707       WAPDA-SUKUK (13-07-07)                            Non-Traded         95.3520

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RATED AA+

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7    OLPL/TFC/250507        ORIX LEASING PAKISTAN LTD-TFC (25-05-07)**        Non-Traded         96.2500

8    OLPL/TFC/150108        ORIX LEASING PAKISTAN LTD-TFC (15-01-08)          Non-Traded        100.7034

9    OLPL/TFC/300611        ORIX LEASING PAKISTAN LTD-TFC (30-06-11)          Non-Traded        101.8796

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RATED AA

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10   BAHL/TFC/150704        BANK AL-HABIB LTD-TFC (15-07-04) 10% cap**        Non-Traded         90.7795

11   BAHL/TFC/070207        BANK AL-HABIB LTD-TFC (07-02-07)                  Non-Traded        101.7891

12   BAHL/TFC/150609        BANK AL-HABIB LTD-TFC (15-06-09)                  Traded            104.9700

13   BAHL/TFC/300611        BANK AL-HABIB LTD-TFC (30-06-11)                  Traded            104.0000

14   ENGROC/TFC/010211      ENGRO CORPORATION LTD-TFC (01-02-11) **           Non-Traded         98.7202

15   ENGRO/TFC/301107       ENGRO FERTILIZER LTD-TFC (30-11-07)               Traded             96.5000

16   ENGRO/TFC(I)/180308    ENGRO FERTILIZER LTD-TFC                          Traded             97.0000

                            (18-03-08) (PRP-I)**

17   ENGRO/TFC(II)/180308   ENGRO FERTILIZER LTD-TFC                          Non-Traded         99.9996

                             (18-03-08) (PRP-II)

18   ENGRO/TFC/171209       ENGRO FERTILIZER LTD-TFC (17-12-09)**             Non-Traded        101.5516

19   JSCL/TFC/211106        JAHANGIR SIDDIQUI & COMPANY                       Non-Traded        100.7954

                             LTD-TFC (21-11-06)

20   JSCL/TFC/040707        JAHANGIR SIDDIQUI & COMPANY                       Non-Traded        101.1179

                             LTD-TFC (04-07-07)

21   OLPL/SUK/300607        ORIX LEASING PAKISTAN LTD-SUKUK (30-06-07)        Non-Traded        100.3933

22   PAFL/TFC/280208        PAK ARAB FERTILIZERS LTD-TFC (28-02-08)           Traded             99.5000

23   PAFL/TFC/161209        PAK ARAB FERTILIZERS LTD-TFC (16-12-09)           Non-Traded        102.1761

24   PLHC/TFC/070211        PAK LIBYA HOLDING COMPANY                         Non-Traded        100.9285

                             (PVT) LTD-TFC (07-02-11)

25   SSGC/SUK/311207        SUI SOUTHERN GAS COMPANY                          Traded            100.1250

                             - SUKKUK (31-12-07) - I

26   UBL/TFC/100804         UNITED BANK LTD-TFC (10-08-04)**                  Non-Traded         94.7500

27   UBL/TFC/150305         UNITED BANK LTD-TFC (15-03-05)**                  Non-Traded         91.0000

28   UBL/TFC/080906         UNITED BANK LTD-TFC (08-09-06)**                  Non-Traded         99.4942

29   UBL/TFC/140208         UNITED BANK LTD-TFC (14-02-08)                    Traded             99.7833

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RATED AA-

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30   ABL/TFC/061206         ALLIED BANK LTD-TFC (06-12-06)                    Non-Traded        101.2077

31   ABL/TFC/280809         ALLIED BANK LTD-TFC (28-08-09)**                  Non-Traded         98.2500

32   AKBL/TFC/040205        ASKARI BANK LTD-TFC (04-02-05)**                  Non-Traded        100.2663

33   AKBL/TFC/311005        ASKARI BANK LTD-TFC (31-10-05)                    Non-Traded        100.3100

34   AKBL/TFC/181109        ASKARI BANK LTD-TFC (18-11-09)**                  Non-Traded        103.4333

35   BAFL/TFC/231104        BANK ALFALAH LTD-TFC (23-11-04)                   Non-Traded        100.3285

36   BAFL/TFC/251105        BANK ALFALAH LTD-TFC (25-11-05)                   Non-Traded        100.3122

37   BAFL/TFC/021209-FX     BANK ALFALAH LTD-TFC (02-12-09) - Fixed           Traded            102.3161

38   BAFL/TFC/021209-FT     BANK ALFALAH LTD-TFC (02-12-09) - Floating***     Non-Traded        101.4004

39   ENGRO/SUK/060907       ENGRO FERTILIZER LTD-SUKUK (06-09-07)***          Non-Traded        100.0000

40   RBS/TFC/100205         FAYSAL BANK LTD -TFC (10-02-05)                   Non-Traded        100.6846

                            (FORMERLY: RBS  - TFC (10-02-05) )

41   FABL/TFC/121107        FAYSAL BANK LTD  (12-11-2007)                     Non-Traded        100.1479

42   FABL/TFC/271210        FAYSAL BANK LTD  (27-12-2010)                     Non-Traded        101.5909

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RATED A+

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43   AASML/TFC/211107       AL ABBAS SUGAR MILLS LTD-TFC (21-11-07)           Non-Traded        100.1319

44   CPBM/SUK/250907        CENTURY PAPER & BOARD MILLS                       Non-Traded         98.1103

                            LTD- SUKUK (25-09-07)

45   FRSCL(A)/TFC/170107    FINANCIAL REC'BLES SEC'ZATION                     Non-Traded        100.5232

                            CO. LTD-TFC CLASS "A"

46   FRSCL(B)/TFC/170107    FINANCIAL REC'BLES SEC'ZATION                     Non-Traded        100.5232

                            CO. LTD-TFC CLASS "B"

47   JDWS/TFC/230608        JDW SUGAR MILLS LTD. TFC (23-06-08)               Non-Traded         99.2810

48   KASBS/TFC/270607       KASB SECURITIES LTD- TFC (27-06-07)               Non-Traded        100.3593

49   NIB/TFC/050308         NIB BANK LTD-TFC (05-03-08)                       Traded             97.1239

50   PMCL/TFC/310506        PAKISTAN MOBILE COMMUNICATION                     Non-Traded        101.2442

                            LTD-TFC (31-05-06)

51   PMCL/TFC/281008        PAKISTAN MOBILE COMMUNICATION                     Traded             99.0157

                            LTD-TFC (28-10-08)

52   SCIL/SUK/031206        SITARA CHEMICALS LTD - SUKUK - II (03-12-06)      Non-Traded         99.7922

53   SCIL/SUK/020108        SITARA CHEMICALS LTD - SUKUK - III (02-01-08)     Non-Traded         99.6503

54   SNBL/TFC/050505        SONERI BANK LTD-TFC (05-05-05)                    Traded            100.1600

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RATED A

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55   EBL/SUK/080908         EDEN BUILDERS LTD.- SUKUK (08-09-08)              Non-Traded         99.4054

56   HBFC/SUK/080508        HOUSE BUILDING FINANCE CORPORATION                Non-Traded         98.1177

                            LTD - SUKUK (08-05-08)

57   JDWS/SUK/190608        JDW SUGAR MILLS LTD. SUKUK (19-06-08)             Non-Traded         98.0735

58   OPTI/TFC/101007        OPTIMUS LTD - TFC (10-10-07)                      Non-Traded         82.0000

59   PEL/SUK/280907         PEL-SUKUK (28-09-07)                              Non-Traded         97.8979

60   PEL/SUK/310308         PEL-SUKUK (31-03-08)                              Non-Traded         96.7231

61   WTL/TFC/281106         WORLDCALL TELECOM LTD.TFC (28-11-06)              Non-Traded         99.6499

62   WTL/TFC/071008         WORLDCALL TELECOM LTD-TFC (07-10-08)**            Non-Traded         91.4500

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RATED A-

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63   AVH/TFC/300409         AVARI HOTELS-TFC (30-04-09)                       Non-Traded        100.2164

64   SSML/SUK/270907        SHAHMURAD SUGAR MILLS LTD-SUKUK (27-09-07)        Non-Traded         99.0901

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RATED BBB+

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65   QTML/SUK/260908        QUETTA TEXTILE MILLS LTD-SUKUK (26-09-08)         Non-Traded         92.6164

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RATED BBB

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66   TRIBL/TFC/040708       TRUST INVESTMENT BANK LTD-TFC (04-07-08)          Non-Traded         95.6341

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RATED BBB-

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                                                                                                     N/A

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VALUATION OF RATED NON-INVESTMENT GRADE DEBT SECURITIES

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1    AZLC/TFC/050907        ALZAMIN LEASING CORPORATION                       Non-Traded         75.0000

                             LTD-TFC (05-09-07)

2    BRRGM/TFC/070708       BRR GUARDIAN MODARABA (07-07-08)                  Non-Traded         75.0000

3*   EIBL/TFC/150307        ESCORTS INVESTMENT BANK LTD-TFC                   Non-Traded         73.7356

4*   MLFC/SUK/310310        (15-03-07)  & MAPLE LEAF SUKUK-(31-03-10)         Non-Traded         70.4059

5*   SPLC/TFC/130308        SAUDI PAK LEASING COMPANY LTD-TFC (13-03-08)      Non-Traded         66.0247

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VALUATION OF NON-RATED INVESTMENT GRADE DEBT SECURITIES

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1    DAWH/SUK/180907        DAWOOD HERCULES-SUKUK (18-09-07)                  Non-Traded        100.1490

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VALUATION OF NON-RATED DEBT SECURITIES

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1    JCL/TFC/101106         JAVEDAN CEMENT LTD-TFC (10-11-06)                 Non-Traded         75.0000

2*   KCCL/SUK/131207        KOHAT CEMENT-SUKKUK (20-12-07)                    Non-Traded         66.8024

3*   SLCL/TFC/280306        SECURITY LEASING CORPORATION                      Non-Traded         70.3280

                            LTD-PPTFC (28-03-06)

4*   SLCL/SUK/010607        SECURITY LEASING CORPORATION                      Non-Traded         70.6825

                            LTD-SUKKUK (01-06-07) - I

5*   SLCL/SUK/190907        SECURITY LEASING CORPORATION                      Non-Traded         70.6825

                            LTD-SUKKUK (19-09-07) - II

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VALUATION OF NON-PERFORMING DEBT SECURITIES

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1    PAFL/TFC/291107        AGRITECH LTD-TFC (29-11-07)                       Traded          A/C to NPA

2    PAFL/TFC/140108        AGRITECH LTD-TFC (14-01-08)                       Non-Traded      A/C to NPA

3    PAFL/SUK/060808        AGRITECH LTD-SUKUK (06-08-08)                     Non-Traded      A/C to NPA

4    PAFL/TFC/011208        AGRITECH LTD-TFC (01-12-08)                       Non-Traded      A/C to NPA

5    AAHL/TFC/230806        AL ABBAS HOLDINGS (PVT) LTD-TFC (23-08-06)        Non-Traded      A/C to NPA

6    AZLM/TFC/120508        AL-ZAMIN LEASING MODARABA LTD-TFC (12-05-08)      Non-Traded      A/C to NPA

7    AML/SUK/210108         AMTEX LTD.-SUKUK (21-01-08)                       Non-Traded      A/C to NPA

8    ATML/SUK/150408        ARZOO TEXTILE MILLS LTD-SUKUK (15-04-08)          Non-Traded      A/C to NPA

9    ANL/TFC/200905         AZGARD NINE LTD- TFC (20-09-05)                   Non-Traded      A/C to NPA

10   ANL/TFC/041207         AZGARD NINE LTD- TFC (04-12-07) PP                Non-Traded      A/C to NPA

11   BNL/TFC/301108         BUNNY'S LTD. - TFC (30-11-08)                     Non-Traded      A/C to NPA

12   DCL/TFC/               DEWAN CEMENT LTD                                  Non-Traded      A/C to NPA

13   EHL/SUK/311207         EDEN HOUSING LTD.- SUKUK (31-12-07)               Non-Traded      A/C to NPA

14   EHL/SUK/310308         EDEN HOUSING LTD.- SUKUK (31-03-08)               Non-Traded      A/C to NPA

15   FDIBL/TFC/110907       FIRST DAWOOD INVESTMENT BANK                      Non-Traded      A/C to NPA

                            LTD. TFC (11-09-07)

16   GHL/TFC/230806         GHANI HOLDING (PVT) LTD-TFC (23-08-06)            Non-Traded      A/C to NPA

17   GCL/TFC/180108         GHARIBWAL CEMENT-TFC (18-01-08)                   Non-Traded      A/C to NPA

18   MLFC/SUK/031207        MAPLE LEAF SUKUK-(03-12-07)                       Non-Traded      A/C to NPA

19   NAEL/TFC/150507        NEW ALLIED ELECTRONIC (15-05-07)                  Non-Traded      A/C to NPA

20   NAEL/SUK/270707        NEW ALLIED ELECTRONIC - SUKUK (27-07-07)          Non-Traded      A/C to NPA

21   NAEIL/SUK/031207       NEW ALLIED ELECTRONIC - SUKUK (03-12-07)          Non-Traded      A/C to NPA

22   PACE/TFC/150208        PACE (PAKISTAN) LTD-TFC (15-02-08)                Non-Traded      A/C to NPA

23   PHO/TFC/311208         PAK HY-OILS LTD-TFC (31-12-08)                    Non-Traded      A/C to NPA

24   SGML/TFC/220908        SHAKARGANJ MILLS LTD-TFC (22-09-08)               Non-Traded      A/C to NPA

25   SEL/SUK/160707         SITARA ENERGY LTD-SUKUK (16-07-07)                Non-Traded      A/C to NPA

26   SPL/SUK/190808         SITARA PEROXIDE LTD-SUK (19-08-08)                Non-Traded      A/C to NPA

27   TELE/TFC/270505        TELECARD LTD-TFC (27-05-05)                       Non-Traded      A/C to NPA

28   TSH/SUK/260608         THREE STAR HOSIERY SUKUK (25-06-08)               Non-Traded      A/C to NPA

29   VDL/TFC/301108         VISION DEVELOPERS (PVT) LTD (30-11-08)            Non-Traded      A/C to NPA

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NOTE:
Price has been calculated after apply maximum markup of 500 basis points to the calculated yield as provided under SECPs Circular No 3 of 2010.** = In implementation of the Board's decision taken in the 9th Meeting 2010 - 2011. Valuation of debt securities moving from traded to non-traded category to be capped at last traded price.
In line of special circumstances as underline by MUFAP in emails to member dated 8th March, 2011.
Yield calculated as per the Board recommended format. Approved on 26th July BOD.
&& For TFC issued by Escorts Investment Bank, the period of fifteen days from the due date expires today. However we have received an intimation from the Trustee First Dawood Investment Bank Limited (along with a legal opinion from Mandviwalla and Zafar Advocates) that consents from more than 51% of TFC holders have been received to extend principal payment due by September 15, 2011 for a period of 45 days (up to October 29, 2011). MUFAP is applying discretionary mark up of 500 bps under Circular 1 of 2009 and 3 of 2010. Details of rationale for applying discretionary mark up will be provided on Monday.
Applicability for Traded Securities (Bold Highlighted) : October 07, 2011 (Prices will change on daily basis).
Applicability for Non-Traded Securities : October 3, 2011 to October 15, 2011.
Source: - MUFAP.
Copyright Business Recorder, 2011