PASSCO Invites Offers for Commodity Operation Financing for Wheat (Oct–Dec 2026)
PASSCO Invites Offers for Commodity Operation Financing for Wheat (Oct–Dec 2026) · Lahore · The News International,
Tender advertisement published in The News International on Sunday, 13 September 2026, listed under Lahore, Pakistan. Issued by PASSCO Invites Offers for Commodity Operation Financing for Wheat (Oct–Dec 2026).
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Pakistan Agricultural Storage & Services Corporation Limited (PASSCO) — Finance Wing — invites offers from eligible banks for Commodity Operation Financing for wheat (outstanding / fresh) and submission of markup rates for the quarter October to December 2026.
| Issuer | Pakistan Agricultural Storage & Services Corporation Limited (PASSCO) — Finance Wing |
|---|---|
| Purpose | Obtain commodity operation financing (wheat) and determine markup rates for Oct–Dec 2026 quarter |
| Maximum Loan Amount | PKR 494.00 billion |
| Eligible Bidders | All commercial banks, including conventional and Islamic banks, regulated by State Bank of Pakistan. Bids must follow PASSCO bidding format; non-compliance may lead to rejection. |
| Nature of Facility | Commodity financing (hypothecation of wheat stocks and receivables). Borrowing spread will be locked for three months (Oct–Dec 2026) and may be fixed for the next quarter subject to PASSCO and the winning bank's agreement. |
| Bidding/Rate Format | Banks shall quote rates as Three (03) Month KIBOR plus a fixed spread (markup). Bids must be submitted in the prescribed format and comply with bidding instructions. |
| Security & Guarantee | Financing will be secured by hypothecation of wheat stocks & receivables and the guarantee of the Federal Government. Cash credit/financing amount is subject to Federal Government approval and may be adjusted. |
| Submission Method | Bids are to be submitted through the PPRA / PASSCO e-procurement system (EPPAS) as per instructions published by PASSCO. Physical/alternative submission requirements are specified in the tender documents. |
| Other Important Conditions | PASSCO reserves the right to accept or reject any or all bids, wholly or partially, as per PPRA rules. Bidders must follow all terms and conditions provided in the tender documents. |
| Contact / Issuing Office | General Manager (F&A), PASSCO Head Office, 11 Kashmir Road, Lahore |
Interested banks should obtain the detailed bidding documents, follow the E-procurement submission procedure, and ensure compliance with all eligibility and security requirements listed in the tender documents.
Published in The News International on Sunday, 13 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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