Karachi: Treasury bonds worth 1060 bn to be sold

Karachi: Treasury bonds worth 1060 bn to be sold
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Summary

Government of Pakistan will auction the sukuk, investment bonds and treasury bills worth 1060 billion rupees in the third term of financial year.According to the facts and figures of published by State Bank of Pakistan, the government of Pakistan will auction sukuk bonds worth of 45 billion rupees, Pakistan investment bonds worth of 35 billion rupees and treasury bills worth of 980 billion rupees in the first term of year 2011. It is also clarified that government of Pakistan already notifies during the start of the term about the massive auction hording; where SBP merely administers and organises this auction.
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