SBP to purchase Gop Ijara Sukuk on deferred payment basis

MG News | December 13, 2018 at 04:54 PM GMT+05:00

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December 13, 2018 (MLN): The SBP announced that it will conduct an auction for purchase of Gop Ijara Sukuk by Government of Pakistan from all islamic banks & islamic banking branches on deferred payment (Bai Muajjal basis).

Target amount is Rs111 Billion and Bai Muajjal tenor is 3 years.

The Auction will be conducted on December 14 and results will be declared on the same day.

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