SBP raises Rs47bn from Sukuk auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs47.24 billion through the auction of the five-year Government of Pakistan Ijarah Sukuk on Thursday. The auction target for the Islamic bond had earlier been set at Rs75 billion. The offered amount was Rs115.29 billion. Of the total accepted bids, the amount … Continue reading SBP raises Rs47bn from Sukuk auction