Business Recorder - News https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 22:00:03 +0500 Thu, 13 Aug 2026 22:00:03 +0500 60 Pakistan raises Rs47.54bn from Islamic bond sale https://www.brecorder.com/news/5190/pakistan-raises-rs4754bn-from-islamic-bond-sale <p><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/sbp_logo_400.jpg" width="400" height="404" />KARACHI: Pakistan raised 47.54 billion rupees ($555 million) by selling Islamic bonds in the domestic market, the state bank of Pakistan said on Tuesday.</p> <p class="MsoPlainText">The cut-off margin will be the six-month treasury bill weighted average yield, which in the last auction on Feb. 23, was 13.6750 percent.</p> <p class="MsoPlainText">The issue, known as the Government of Pakistan Ijara Sukuk, is a three-year bond.</p> <p class="MsoPlainText">Settlement for the auction held on Tuesday will be on March 7.</p> <p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p> KARACHI: Pakistan raised 47.54 billion rupees ($555 million) by selling Islamic bonds in the domestic market, the state bank of Pakistan said on Tuesday.

The cut-off margin will be the six-month treasury bill weighted average yield, which in the last auction on Feb. 23, was 13.6750 percent.

The issue, known as the Government of Pakistan Ijara Sukuk, is a three-year bond.

Settlement for the auction held on Tuesday will be on March 7.

Copyright Reuters, 2011

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