Auction Result: SBP Raises Rs.39.40 billion through Sale of GOP Ijara Sukuk

By MG News | August 20, 2020 at 09:10 PM GMT+05:00
August 20, 2020 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Thursday in which it sold GOP Ijara Sukuk worth Rs.39.40 billion.
The amount included both Variable and fixed rental rate Sukuks.
Combined auction target was Rs.50 billion.
The SBP Received bids worth Rs.60.70 billion for the Variable Rate Ijara Sukuk out of which it accepted Rs.21.57 billion.
Bids worth Rs.22.645 billion were received for the fixed rental rate Ijara sukuk out of which SBP accepted Rs.17.833 billion.
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