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

SBP completes Sukuk sale

Posted on 22 December 2008

From Dailytimes.com.pk: The State Bank of Pakistan sold Rs 6 billion worth of Ijara Sukuk (Islamic bonds) in an auction held here on Saturday.

The SBP set the yield 75 basis points above the yield on six-month treasury bill. The yield set on six-month treasury bill in the last auction was 14.0108 percent. The range of margin demanded by primary dealers above the benchmark was 15 basis points to 95 basis points….. Full Article: Source

 
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