KARACHI: State Bank of Pakistan (SBP) on Wednesday auctioned Pakistan Investment Bonds (PIBs) worth Rs 34.019 billion; face value is Rs 32.825 billion.

The maturity period of these PIBs will be 3,5,10 and 20 years.

Their coupon rates would be 8.75%, 9.25%, 9.75%, and 10.75% for 3, 5,10 and 20 years maturity respectively, The settlement date is December 16, 2015, said SBP statement here.

Copyright APP (Associated Press of Pakistan), 2015