30-year govt bond

Published November 28, 2006

KARACHI, Nov 27: Pakistan plans to issue a 30-year government investment bond and the new paper will be sold for the first time at the next long-term bond auction, a senior finance official said on Monday.

“A decision to float the 30-year PIB (Pakistan Investment Bond) has been taken and it will be sold in the next auction alongside other PIBs,” Ashfaque Hasan Khan, director general of the finance ministry's debt office, told

Reuters.