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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Pakistan sets $125 million target for Islamic bond

Posted on 04 March 2009

From Reuters: Pakistan’s central bank has set a target of 10 billion rupees ($125 million) for a three-year Islamic bond, the State Bank of Pakistan said in a statement on Tuesday.

Bids for the bond, called the Government of Pakistan Ijara Sukuk can be tendered from 11:15 a.m (0615 GMT) on Tuesday and the tender will be opened at 11:30 a.m. (0630 GMT) on Wednesday….. Full Article: Source

 
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