Tenders Closed 29 Sep 2026
PASSCO Invitation to Banks for Commodity Financing (Wheat) — Oct to Dec 2026
PASSCO Invitation to Banks for Commodity Financing (Wheat) · Lahore · The News International,
Tender advertisement published in The News International on Sunday, 13 September 2026, listed under Lahore, Pakistan. Issued by PASSCO Invitation to Banks for Commodity Financing (Wheat). The last date printed on the advertisement was Tuesday, 29 September 2026 and has passed.
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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) for the quarter October–December 2026.
| Issuer | PASSCO (Finance Wing), Head Office, 11 Kashmir Road, Lahore |
|---|---|
| Purpose | Short-term commodity financing for wheat (Commodity Operation Financing) for Oct–Dec 2026 |
| Maximum Loan Amount | PKR 494.00 billion |
| Eligible Bidders | All commercial banks (including conventional and Islamic banks) regulated by the State Bank of Pakistan |
| Bidding / Pricing | Banks shall quote 3‑month KIBOR + fixed spread (annualized). 3‑month KIBOR to be taken as at 2026-09-30 for markup computation. |
| Collateral / Security | Hypothecation of wheat stock and receivables and Guarantee of the Federal Government; amount of cash‑credit financing subject to Federal Government approval |
| Drawdown / Repayment | PASSCO may withdraw or repay the financing in one or more installments; markup computed on outstanding amounts using lowest applied rate during repayment period |
| Pre-bid Meeting | 2026-09-24 at 11:00 AM (PASSCO Head Office) |
| Submission Deadline (Last Date) | 2026-09-29 at 11:00 AM (bids to be submitted via PASSCO e-Procurement System) |
| Bid Opening | 2026-09-29 at 11:30 AM (same day) |
| How to Apply | Bidding documents are available on PASSCO's e‑Procurement System; bids to be submitted as per instructions in the bidding documents. |
Interested banks should review the full bidding documents on PASSCO's e‑Procurement portal and comply with all eligibility, documentation, and bid security requirements as stated in the tender documents. Contact PASSCO Head Office, Lahore for further procedural details.
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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