960414

FIBs: tender

invited

KARACHI: Tenders for sale of Federal Investment Bonds will be received by the State Bank of Pakistan, through banks, DFIs. Members of the Stock Exchanges and Central Directorate of National Savings from 15th April, 1996 to 16th April, 1996 upto 1115 hours.

Tenders will be opened at 1130 hours on 16th April, 1996. Results of the auction will be announced on 17th April, 1996 and the successful bidders would be required to deposit the amount of accepted bids on 18th April, 1996 through primary dealers. Bids can be rejected without assigning any reasons.