News Pakistan Finance: Pakistan raises $1 bln, offers highest-ever rate for a sukuk of 7.95%
Published on: Monday 24 January 2022
News source: https://www.nasdaq.com/articles/pakistan-raises-%241-bln-offers-highest-ever-rate-for-a-sukuk-of-7.95
Pakistan has raised $1 billion with a 7-year sukuk, offering an interest rate of 7.95%, the highest return the South Asian nation has ever paid on an Islamic bond, a finance ministry official said on ...
News Pakistan Finance: Pakistan raises $1bn, offers highest-ever rate for a sukuk of 7.95 percent
Published on: Monday 24 January 2022
News source: https://www.pakistantoday.com.pk/2022/01/25/pakistan-raises-1bn-offers-highest-ever-rate-for-a-sukuk-of-7-95-percent/
ISLAMABAD: Pakistan has raised $1 billion with a 7-year sukuk, offering an interest rate of 7.95 percent, the highest return the South Asian nation has ever paid on an Islamic bond, a Ministry of Fina ...
News Pakistan Finance: Cash-strapped Pakistan raises $1 billion through Islamic bond at record interest to keep forex reserves afloat
Published on: Monday 24 January 2022
News source: https://www.thehindu.com/news/international/cash-strapped-pakistan-raises-1-billion-through-islamic-bond-at-record-interest-to-keep-forex-reserves-afloat/article38324001.ece
Pakistan has raised a whopping $1 billion loan through the Sukuk bond at a record 7.95% interest rate, the highest cost that the cash-strapped country has agreed to pay in its history on an Islamic ...