auctions

The government raises Rs584.5 billion in auctions of treasury bills, investment loans and sukuk – Trendy Blogger

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The government raises Rs584.5 billion in auctions of treasury bills, investment loans and sukuk – Trendy Blogger

The government obtained Rs584.5 billion through the auction of treasury bills (T-bills), Pakistan Investment Bonds (PIBs), and Government Islamic Sukuk (GIS). This included Rs434 billion from treasury bills, Rs11.9 billion from general treasury bonds, and Rs138 billion from GIS auction across all periods. The GIS auction, conducted by the Pakistan Stock Exchange (PSX), attracted strong … Read more

The Punjab government gets Rs. 2.7 billion through real estate auctions – Trendy Blogger

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The Punjab government gets Rs. 2.7 billion through real estate auctions – Trendy Blogger

Islamabad: The Punjab government has raised Rs. $2.7 billion by auctioning off 60 properties through a transparent bidding process across multiple regions, according to a report by *Dawn*. The estates, which were earlier managed by the Punjab Privatization Board, were transferred to the Colonial Department of the Board of Revenue (BoR) after the merger of … Read more