*ISLAMABAD: *Pakistan has decided to raise over $1 billion from theinternational market through the issuance of Sukuk bonds in the next coupleof months.
The Ministry of Finance has initiated the Medium-Term Notes (MTN) programmecovering both Eurobonds and Sukuk.
Through a notification, the ministry on Friday has invited interestedfinancial institutions to submit their proposals individually to work asFinance Division’s financial advisers to register, structure, launch andexecute the MTN Programme.
Read Top Stories
The federal cabinet had already allowed the ministry to launch the MTNprogramme.
