Saturday, Aug 29, 2009
KARACHI (Dow Jones)--State Bank of Pakistan said Saturday it plans to sell PKR10 billion ($120 million) of sukuk, or Islamic bonds, at the fourth such domestic auction.
The country's central bank will sell the bonds Sept. 5, it said in a statement.
The central bank has raised around PKR28.845 billion from its last three auctions, at which it sold three-year sukuk bonds.
-By Haris Zamir, Contributing to Dow Jones Newswires;+91 22 6145 6120; satish.sarangarajan@dowjones.com
(END) Dow Jones Newswires
29-08-09 0952GMT
