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.
Minister directs expansion of fruit bagging initiative, backs local manufacturing
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan reviewed the performance of the Pakistan Horticulture Development & Export Company (PHDEC)...







