Pakistan falls short of Sukuk target despite receiving Rs796b in bids
KARACHI: The government raised Rs. 294.7 billion through a hybrid Sukuk auction at the Pakistan Stock Exchange (PSX). However, the amount fell short of its combined pre-auction target of Rs. 350 billion, despite receiving bids worth Rs. 796.05 billion. According to PSX auction results, the government raised Rs. 217.95 billion through 10-year variable rental rate […]
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