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FIBs tenders

invited

KARACHI: Tenders for sale of Federal Investment Bonds will be received by the State Bank of Pakistan, Karachi through banks, DFIs, Members of Stock Exchanges and Central Directorate of National Savings from 25th April, to 2nd May, upto 1115 hours. Tenders will be opened at 1130 hours on 2nd May. Result of the auction will be announced on 5th May, and successful bidders would be required to deposit the amount of accepted bid on 5th May, through primary dealers. Bids can be rejected without assigning any reason, a press release said.