Rates of Debt Securities

The following were the revised rates of debt securities on Friday (March 16, 2012).

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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 / AAA

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1    KSEW/SUK/021107         KARACHI SHIPYARD & ENGINEERING                                Non-Traded        99.4039

                             WORKS LTD-SUKUK (02-11-07)

2    KSEW/SUK/040208         KARACHI SHIPYARD & ENGINEERING                                Non-Traded        99.2757

                             WORKS LTD-SUKUK (04-02-08)

3    NIPC/SUK/110807         NATIONAL INDUSTRIAL PARK DEVEL. &                             Non-Traded       100.4193

                             MANAGEMENT Co. SUKUK (11-08-07)

4    SCB/TFC/010206          SCB (PAK) LTD-TFC (01-02-06)                                  Non-Traded       102.0816

5    WAPDA/SUK/050106        WAPDA-SUKUK (05-01-06)                                        Non-Traded        99.8876

6    WAPDA/SUK/130707        WAPDA-SUKUK (13-07-07)                                        Non-Traded        94.2287

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RATED AA+

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7    OLPL/TFC/250507         ORIX LEASING PAKISTAN                                         Non-Traded        98.2336

                              LTD-TFC (25-05-07) - Amortization

8    OLPL/TFC/150108         ORIX LEASING PAKISTAN LTD-TFC (15-01-08)                      Non-Traded       100.2538

9    OLPL/TFC/300611         ORIX LEASING PAKISTAN LTD-TFC (30-06-11) ****                 Non-Traded       100.2246

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RATED AA

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10   BAHL/TFC/150704         BANK AL-HABIB LTD-TFC (15-07-04)                              Non-Traded        92.9938

                             10% cap - Amortization

711   BAHL/TFC/070207         BANK AL-HABIB LTD-TFC (07-02-07)****                          Non-Traded       102.3504

12   BAHL/TFC/150609         BANK AL-HABIB LTD-TFC (15-06-09)****                          Non-Traded       105.3482

13   BAHL/TFC/300611         BANK AL-HABIB LTD-TFC (30-06-11)                              Traded           106.1056

14   ENGROC/TFC/010211       ENGRO CORPORATION LTD-TFC (01-02-11) ****                     Non-Traded         99.933

15   ENGROC/TFC/160911       ENGRO CORPORATION LTD-TFC (16-09-11)                          Non-Traded       101.3915

16   ENGRO/TFC/301107        ENGRO FERTILIZER LTD-TFC (30-11-07) ****                      Non-Traded        96.7111

17   ENGRO/TFC(I)/180308     ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-I)                   Traded                 94

18   ENGRO/TFC(II)/180308    ENGRO FERTILIZER LTD-TFC (18-03-08) (PRP-II)                  Non-Traded        98.9572

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

20   JSCL/TFC/211106         JAHANGIR SIDDIQUI & COMPANY                                   Non-Traded       100.3315

                              LTD-TFC (21-11-06) - Amortization

21   JSCL/TFC/040707         JAHANGIR SIDDIQUI & COMPANY LTD-TFC (04-07-07)                Non-Traded       100.4492

22   OLPL/SUK/300607         ORIX LEASING PAKISTAN LTD-                                    Non-Traded        100.133

                             SUKUK (30-06-07) - Amortization

23   PAFL/TFC/280208         PAK ARAB FERTILIZERS LTD-TFC (28-02-08)                       Traded            99.5222

24   PAFL/TFC/161209         PAK ARAB FERTILIZERS LTD-TFC (16-12-09)                       Non-Traded        101.535

25   PLHC/TFC/070211         PAK LIBYA HOLDING COMPANY                                     Non-Traded       100.6476

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

26   SSGC/SUK/311207         SUI SOUTHERN GAS COMPANY -                                    Non-Traded       100.3045

                             SUKKUK (31-12-07) - I ****

27   UBL/TFC/100804          UNITED BANK LTD-TFC (10-08-04) Amortization                   Non-Traded        95.3275

28   UBL/TFC/150305          UNITED BANK LTD-TFC (15-03-05)                                Non-Traded          95.05

29   UBL/TFC/080906          UNITED BANK LTD-TFC (08-09-06) ****                           Non-Traded        99.5467

30   UBL/TFC/140208          UNITED BANK LTD-TFC (14-02-08)                                Traded           100.5886

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RATED AA-

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31   ABL/TFC/061206          ALLIED BANK LTD-TFC (06-12-06)                                Non-Traded       100.6667

32   ABL/TFC/280809          ALLIED BANK LTD-TFC (28-08-09)                                Traded            99.6768

33   AKBL/TFC/040205         ASKARI BANK LTD-TFC (04-02-05)                                Traded             101.25

34   AKBL/TFC/311005         ASKARI BANK LTD-TFC (31-10-05)                                Non-Traded        99.9807

35   AKBL/TFC/181109         ASKARI BANK LTD-TFC (18-11-09)****                            Non-Traded       105.8866

36   AKBL/TFC/231211         ASKARI BANK LTD-TFC (23-12-11)                                Non-Traded       101.8529

37   BAFL/TFC/231104         BANK ALFALAH LTD-TFC (23-11-04)                               Traded             101.05

38   BAFL/TFC/251105         BANK ALFALAH LTD-TFC (25-11-05)                               Non-Traded       100.0023

39   BAFL/TFC/021209-FX      BANK ALFALAH LTD-TFC (02-12-09) - Fixed                       Traded           104.1005

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

41   ENGRO/SUK/060907        ENGRO FERTILIZER LTD-SUKUK (06-09-07) ****                    Non-Traded       101.4808

42   RBS/TFC/100205          FAYSAL BANK LTD -TFC (10-02-05)                               Non-Traded        100.537

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

43   FABL/TFC/121107         FAYSAL BANK LTD  (12-11-2007)                                 Non-Traded        99.8097

44   FABL/TFC/271210         FAYSAL BANK LTD  (27-12-2010) ****                            Non-Traded       103.4193

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RATED A+

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45   AASML/TFC/211107        AL ABBAS SUGAR MILLS LTD-TFC (21-11-07)                       Non-Traded       100.0005

46   CPBM/SUK/250907         CENTURY PAPER & BOARD                                         Non-Traded        99.4429

                             MILLS LTD- SUKUK (25-09-07) ****

47   FRSCL(A)/TFC/170107     FINANCIAL REC'BLES SEC'ZATION                                 Non-Traded        99.9842

                             CO. LTD-TFC CLASS "A"

48   FRSCL(B)/TFC/170107     FINANCIAL REC'BLES SEC'ZATION                                 Non-Traded       100.6546

                              CO. LTD-TFC CLASS "B"

49   JDWS/TFC/230608         JDW SUGAR MILLS LTD. TFC (23-06-08)                           Non-Traded        99.2375

50   NIB/TFC/050308          NIB BANK LTD-TFC (05-03-08)                                   Traded            99.0092

51   PMCL/TFC/310506         PAKISTAN MOBILE COMMUNICATION                                 Non-Traded         100.73

                             LTD-TFC (31-05-06)

52   PMCL/TFC/281008         PAKISTAN MOBILE COMMUNICATION                                 Traded             97.076

                             LTD-TFC (28-10-08)

53   SCIL/SUK/020108         SITARA CHEMICALS LTD - SUKUK - III (02-01-08)                 Non-Traded        99.6946

54   SNBL/TFC/050505         SONERI BANK LTD-TFC (05-05-05) ****                           Non-Traded        99.8586

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RATED A

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55   EBL/SUK/080908          EDEN BUILDERS LTD.- SUKUK (08-09-08)                          Non-Traded        99.3775

56   HBFC/SUK/080508         HOUSE BUILDING FINANCE CORPORATION                            Non-Traded        97.9469

                              LTD - SUKUK (08-05-08)

57   JDWS/SUK/190608         JDW SUGAR MILLS LTD. SUKUK (19-06-08)                         Non-Traded        98.2254

58   KASBS/TFC/270607        KASB SECURITIES LTD- TFC (27-06-07) - Amortization            Non-Traded        99.9262

59   OPTI/TFC/101007         OPTIMUS LTD - TFC (10-10-07) ****                             Non-Traded        89.9643

60   SMMTB/TFC/271011        SUMMIT BANK LTD - TFC (27-10-11)                              Non-Traded        98.8649

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RATED A-

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61   AVH/TFC/300409          AVARI HOTELS-TFC (30-04-09)                                   Non-Traded        97.0069

62   SSML/SUK/270907         SHAHMURAD SUGAR MILLS LTD-SUKUK (27-09-07)                    Non-Traded        99.5787

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RATED BBB+

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RATED BBB

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63*  WTL/TFC/071008          WORLDCALL TELECOM LTD-TFC (07-10-08)                          Non-Traded         92.638

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RATED BBB-

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64   QTML/SUK/260908         QUETTA TEXTILE MILLS LTD-SUKUK (26-09-08)                     Non-Traded        87.6462

65   TRIBL/TFC/040708        TRUST INVESTMENT BANK LTD-TFC (04-07-08)                      Non-Traded         94.665

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VALUATION OF RATED NON-INVESTMENT GRADE DEBT SECURITIES

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1    AZLC/TFC/050907         ALZAMIN LEASING CORPORATION LTD-TFC (05-09-07)                Non-Traded             75

2    BRRGM/TFC/070708        BRR GUARDIAN MODARABA (07-07-08)                              Non-Traded             75

3*   EHL/SUK/311207          EDEN HOUSING LTD.- SUKUK (31-12-07)                           Non-Traded        71.1437

4*   EIBL/TFC/150307         ESCORTS INVESTMENT BANK LTD-TFC (15-03-07)                    Non-Traded        73.7356

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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       100.0466

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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

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

3*   SLCL/TFC/280306         SECURITY LEASING CORPORATION                                  Non-Traded         70.328

                             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

6    VDL/TFC/301108          VISION DEVELOPERS (PVT) LTD (30-11-08)                        Non-Traded             75

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VALUATION OF NON-PERFORMING DEBT SECURITIES

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1    PAFL/TFC/291107         AGRITECH LTD-TFC (29-11-07)                      14-Jun-10    Non-Traded     A/C to NPA

2    PAFL/TFC/140108         AGRITECH LTD-TFC (14-01-08)                       2-Aug-10    Non-Traded     A/C to NPA

3    PAFL/SUK/060808         AGRITECH LTD-SUKUK (06-08-08)                    23-Aug-10    Non-Traded     A/C to NPA

4    PAFL/TFC/011208         AGRITECH LTD-TFC (01-12-08)                      16-Jun-10    Non-Traded     A/C to NPA

5    -                       AGRITECH LTD (11%) - TFC (01-07-11)              17-Jan-12    Non-Traded     A/C to NPA

6    -                       AGRITECH LTD (0%) - TFC (01-07-11)               17-Jan-12    Non-Traded     A/C to NPA

7    AAHL/TFC/230806         AL ABBAS HOLDINGS (PVT) LTD-TFC (23-08-06)        7-Sep-10    Non-Traded     A/C to NPA

8    AZLM/TFC/120508         AL-ZAMIN LEASING MODARABA LTD-TFC (12-05-08)     26-Aug-10    Non-Traded     A/C to NPA

9    AML/SUK/120108          AMTEX LTD.-SUKUK (21-01-08)                       6-Jan-11    Non-Traded     A/C to NPA

10   ATML/SUK/150408         ARZOO TEXTILE MILLS LTD-SUKUK (15-04-08)          2-Jan-10    Non-Traded     A/C to NPA

11   ANL/TFC/200905          AZGARD NINE LTD- TFC (20-09-05)                  19-May-10    Non-Traded     A/C to NPA

12   ANL/TFC/041207          AZGARD NINE LTD- TFC (04-12-07) PP               21-Jun-10    Non-Traded     A/C to NPA

13   BNL/TFC/301108          BUNNY'S LTD. - TFC (30-11-08)                    15-Jun-11    Non-Traded     A/C to NPA

14   DCL/TFC/                DEWAN CEMENT LTD                                  9-Jan-09    Non-Traded     A/C to NPA

15   EHL/SUK/310308          EDEN HOUSING LTD.- SUKUK (31-03-08)               6-May-11    Non-Traded     A/C to NPA

16   FDIBL/TFC/110907        FIRST DAWOOD INVESTMENT                          27-Sep-10    Non-Traded     A/C to NPA

                             BANK LTD. TFC (11-09-07)

17   GHL/TFC/230806          GHANI HOLDING (PVT) LTD-TFC (23-08-06)            7-Sep-10    Non-Traded     A/C to NPA

18   GCL/TFC/180108          GHARIBWAL CEMENT-TFC (18-01-08)                  24-Nov-09    Non-Traded     A/C to NPA

19   MLFC/SUK/031207         MAPLE LEAF SUKUK-(03-12-07)                      19-Sep-11    Non-Traded     A/C to NPA

20   MLFC/SUK/310310         MAPLE LEAF SUKUK-(31-03-10)                      17-Jan-12    Non-Traded     A/C to NPA

21   NAEL/TFC/150507         NEW ALLIED ELECTRONIC (15-05-07)                  9-Jan-09    Non-Traded     A/C to NPA

22   NAEL/SUK/270707         NEW ALLIED ELECTRONIC - SUKUK (27-07-07)          9-Jan-09    Non-Traded     A/C to NPA

23   NAEIL/SUK/031207        NEW ALLIED ELECTRONIC - SUKUK (03-12-07)          9-Jan-09    Non-Traded     A/C to NPA

24   PACE/TFC/150208         PACE (PAKISTAN) LTD-TFC (15-02-08)                5-Sep-11    Non-Traded     A/C to NPA

25   PHO/TFC/311208          PAK HY-OILS LTD-TFC (31-12-08)                   21-Jan-10    Non-Traded     A/C to NPA

26   PEL/SUK/280907          PEL-SUKUK (28-09-07)                             13-Jan-12    Non-Traded     A/C to NPA

27   PEL/SUK/310308          PEL-SUKUK (31-03-08)                             17-Jan-12    Non-Traded     A/C to NPA

28   SPLC/TFC/130308         SAUDI PAK LEASING COMPANY LTD-TFC (13-03-08)     31-Oct-11    Non-Traded     A/C to NPA

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

30   SPL/SUK/190808          SITARA PEROXIDE LTD-SUK (19-08-08)               15-Jun-10    Non-Traded     A/C to NPA

31   TELE/TFC/270505         TELECARD LTD-TFC (27-05-05)                      13-Jun-11    Non-Traded     A/C to NPA

32   TSHM/SUK/250808         THREE STAR HOSIERY SUKUK (25-06-08)              11-Jun-10    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.
Applicability for Traded Securities (Bold Highlighted) : March 16, 2012 (Prices will change on daily basis).
Applicability for Non-Traded Securities : March 05, 2012 to March 16, 2012.
Source: - MUFAP.
Copyright Business Recorder, 2012