IGI Securities Limited – Investor Kit – Top News (20-05-2020)

Karachi, May 20, 2020 (PPI-OT): PTI govt raises nearly Rs200b through Sukuk

In a first, the government on Tuesday raised Shariah-compliant debt worth close to Rs200 billion at a comparatively lower rate of return of six-month Kibor minus 10 basis points through competitive bidding at the Pakistan Stock Exchange (PSX), according to official sources.

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