{
  "id": 19639993,
  "title": "Latest PSX Sukuk Auction Falls Short of Govt Target",
  "url": "https://urgent.news/2026/11/12/latest-psx-sukuk-auction-falls-short-of-govt-target",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-12T10:11:06.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/11/12/latest-psx-sukuk-auction-falls-short-of-govt-target/"
  },
  "original_language": "en",
  "account": "The Government of Pakistan's latest Hybrid Sukuk auction on November 11, 2023, through the PSX Auction System fell short of its target, accepting only Rs. 69.955 billion in face value, compared to a pre-auction target of Rs. 250 billion. The auction featured three fixed-rate discounted Sukuk with tenors of three months, six months, and one year, as well as a reopening of a 10-year Variable Rental Rate (VRR) Sukuk. The Fixed Rate Discounted Hybrid Sukuk saw a total accepted face value of Rs. 58.887 billion, with the one-year Sukuk attracting the highest acceptance at Rs. 27.795 billion. The 10-year VRR Sukuk reopening had a total accepted face value of Rs. 11.068 billion. Overall, the government accepted approximately 28 percent of its targeted face value across the two instruments.",
  "summary": "The Government of Pakistan accepted a combined Rs. 69.955 billion in face value through its latest Government of Pakistan Hybrid … Read More The post Latest PSX Sukuk Auction Falls Short of Govt Target appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}