KARACHI: State Bank of Pakistan (SBP) has accepted bids worth Rs15.32 billion from designated primary dealers for the sale of 3-year Ijara Sukuk. According to SBP on Wednesday, Rs21.425 billion were offered against the target of Rs10 billion. The 1st rental coupon will be determined one day prior to settlement date which is March 11, 2009. The range of margin can go down by 25 basis points and up by 85 basis points over benchmark.
Punjab moves to scrap old, unfit vehicles under new legal framework
LAHORE: The Punjab government has introduced a new legal framework for scrapping old, unfit and polluting vehicles, declaring certain categories...
