Pak aims to raise 30 bln rupees in bond auctions

By: Our Staff Reporter | January 01, 2010, 1:19 pm |
Pakistan's central bank said on Friday it planned to raise 30 billion rupees ($356 million) through three auctions of long-term government bonds in the second half of the 2009/10 fiscal year. The State Bank of Pakistan said it will auction 3-, 5-, 7-, 10-, 15-, 20- and 30-year Pakistan investment bonds (PIBs) in the auctions on Feb. 3, March 17 and May 26. The target for each auction will be 10 billion rupees.

Comments