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Published 03 Dec, 2019 07:00am

$1bn paid against sukuk

KARACHI: State Bank of Pakistan on Monday paid $1 billion against sukuk (Islamic bonds), which was launched in November 2014 and matured on Dec 2, said a central bank official.

Sources in the financial sector said the government is planning to launch another bond in the international market to raise $1 to $2bn next year.

Published in Dawn, December 3rd, 2019

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