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.
Ogra allows Cnergyico to export 40,000 tonnes furnace oil in April as surplus builds
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has approved export of up to 40,000 metric tonnes of furnace oil for...
