Tuesday 20 December 2011

SBP to hold auction for Rs 50bln Sukuk today | HALALTAMWEEL.COM

SBP to hold auction for Rs 50bln Sukuk today

12/20/2011 9:43:16 AM


KARACHI: State Bank of Pakistan (SBP) is inviting tenders today on (Tuesday) for the sale of three-year government of Pakistan Ijara Sukuk (GIS), according to the communique issued by SBP.


The government will borrow around Rs 50 billion through sales of instruments to Islamic financial institutions.


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