SBP accepts bids of Rs 24.5bn for outright purchase of Sukkuk

17 Dec, 2014

KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted bids of Rs 24.5 billion during its open market operation for the outright purchase of Government of Pakistan Ijara Sukkuk on Bai Muajjal basis.

The amount offered for 6-months and 12-months Sukuk were of Rs 33.5 billion, said SBP statement.

Copyright APP (Associated Press of Pakistan), 2014

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