KARACHI: The State Bank of Pakistan (SBP) has invited bids for the auction of Fixed Rental Rate Government of Pakistan Ijara Sukuk (FRR-GIS) to be held on February 8, a statement said on Thursday.
The target amount for the auction has been fixed at Rs100 billion. The SBP said that the auction of FRR-GIS would be held under the provision of the SBP circular issued a day ago.
The central bank said that the fixed rental rate would be determined in the auction. The maximum value of the asset under the present issuance programme of Ijara Sukuk was Rs197.36 billion, it added.
The Securities and Exchange Commission of Pakistan logo. — APP/File ISLAMABAD: The three-day capacity building...
The image shows the logo of the Securities and Exchange Commission of Pakistan . — APP/FileISLAMABAD: The Securities...
The picture shows a logo of Federation of Pakistan Chambers of Commerce & Industry . — APP/FileKARACHI: The...
This image released on July 14, 2023, shows the logo of InDrive. — Facebook/inDriveKARACHI: inDrive, a ride-hailing...
Gold bars can be seen in this image. — AFP/FileKARACHI: Gold prices increased by Rs2,500 per tola on Friday in the...
This photo illustration shows Japanese 10,000 yen banknotes in Tokyo on November 19, 2021. — AFPTokyo: The yen...
