950815

FIBs: bids for

Rs 1,788.4570m

accepted

KARACHI: Tenders for sale of Federal Investment Bonds of 3, 5 and 10 years maturities were invited. The last date for submitting bids were fixed as 15th August, 1995. Tenders were opened on 15th August, 1995 at 11.30 hours. The result of auction is given as under:-

The amount for which bids were received aggregated to Rs 2, 088.4570 million.

Maturity-wise break-up of the bids received is as under:-

Rs in million

3 Years Rs. 40.4110 million

5 Years Rs. 151.5000 million

10 Years Rs 1, 896.5460 million

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Rs. 2,088.4570 million

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Out of the above, bids for Rs. 1,788.4570 million were accepted. Maturity-wise break up is as under:-

Bid Rate

Rs in million

3 Years Rs. 40.4110 million At par

5 Years Rs. 151.5000 million At par

10 Years Rs. 1,596.5460 million

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Rs. 1,788.4570 million

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