05.11.2010 - End to Sukuk freeze spurs Pakistan fund buying
From Bloomberg: Pakistanís largest Shariah funds plan to bid for the 80 billion rupees ($934 million) of Islamic debt the government will offer in coming weeks after a 14-month suspension of sales. Al Meezan Investment Management Ltd. and NBP Fullerton Asset Management Ltd., which oversee a combined $380 million, said they will submit bids for the 40 billion rupees of the three-year notes on offer at a Nov. 8 auction and an equal amount on Dec. 13..............................................Full Article: Source
Print