Inscribed Stock Invitations

Latest Inscribed Stock Invitations

Bid Invitation – Auction Number: 2024/3658

Auction Date and Time: 03-12-2024 09:00 AM-12:00 NOON
Security Type : Government Bond
Security Number: 3223
Term : 5 Years
Maturity Date : 15-11-2029
Coupon: 9.40%
Amount On Offer: K10,000,000.00
Settlement Date: 06-12-2024 09:17 AM
Previous Weighted Average Rate: 9.40%

Total maturity for this week is K0.00 of which K0 is Tap maturity.

Bid Invitation – Auction Number: 2024/3659

Auction Date and Time : 03-12-2024 09:00 AM-12:00 NOON
Security Type : Government Bond
Security Number: 3224
Term : 6 Years
Maturity Date : 15-08-2030
Coupon: 9.50%
Amount On Offer: K10,000,000.00
Settlement Date: 06-12-2024 09:19 AM
Previous Weighted Average Rate: 9.60%

Total maturity for this week is K0.00 of which K0 is Tap maturity.   

Bid Invitation – Auction Number: 2024/3660

Auction Date and Time : 03-12-2024 09:00 AM-12:00 NOON
Security Type : Government Bond
Security Number: 3225
Term : 7 Years
Maturity Date : 15-08-2031
Coupon: 9.60%
Amount On Offer: K20,000,000.00
Settlement Date: 06-12-2024 09:21 AM
Previous Weighted Average Rate: 9.69%

Total maturity for this week is K0.00 of which K0 is Tap maturity. 

Bid Invitation – Auction Number: 2024/3661

Auction Date and Time : 03-12-2024 09:00 AM-12:00 NOON
Security Type : Government Bond
Security Number: 3248
Term : 8 Years
Maturity Date : 15-08-2032
Coupon: 9.70%
Amount On Offer: K20,000,000.00
Settlement Date: 06-12-2024 09:24 AM
Previous Weighted Average Rate: 9.89%

Total maturity for this week is K0.00 of which K0 is Tap maturity. 

Bid Invitation – Auction Number: 2024/3662

Auction Date and Time : 03-12-2024 09:00 AM-12:00 NOON
Security Type : Government Bond
Security Number: 3249
Term : 9 Years
Maturity Date : 15-11-2033
Coupon: 9.80%
Amount On Offer: K20,000,000.00
Settlement Date: 06-12-2024 09:26 AM
Previous Weighted Average Rate: 9.97%

Total maturity for this week is K0.00 of which K0 is Tap maturity.   

Bid Invitation – Auction Number: 2024/3663

Auction Date and Time : 03-12-2024 09:00 AM-12:00 NOON
Security Type : Government Bond
Security Number: 3250
Term : 10 Years
Maturity Date : 15-02-2034
Coupon: 9.90%
Amount On Offer: K20,000,000.00
Settlement Date: 06-12-2024 09:27 AM
Previous Weighted Average Rate: 9.94%

Total maturity for this week is K0.00 of which K0 is Tap maturity.

For commercial banks, settlements will be made against the Exchange Settlement Account.

For all other investors, payment must be received by BPNG before submitting bids. Payments must be made electronically from the account you have registered with us to the following BPNG account:

Account name: RMS KATS Clearing Account
Account No: 000-5312-7209-0000-1
Bank – Branch: Bank of PNG-Port Moresby
BSB No: 121001

Funds that are not required for settlement of a successful bid will be returned by Friday.

Terms and conditions apply to primary auctions. These may be found on the BPNG website.

Domestic Markets Department
Bank of Papua New Guinea
Port Moresby