KARACHI: Gross sukuk issuance reached a record Rs3.5 trillion in FY26, delivered through a hybrid structure and supported by a retail push.
This was shared during the investor briefing session at the Pakistan Stock Exchange (PSX) on Friday.
The session brought together senior representatives from the Ministry of Finance, PSX leadership, asset managers, banks, brokers, and other stakeholders to discuss debt management strategy, sukuk issuance, secondary market development, and fiscal reforms.
Khaliq Uz Zaman, Director, Domestic Debt, said the average time to maturity had increased to 3.9 years, close to the four-year target, while the average time to refixing had improved to 1.3 years.
“Weighted average cost of borrowing was contained at 11.2 per cent, even below the policy rate, reflecting cost optimisation,” he said.
