December 14, 2011
All Banks/DFIs/NBFIs
Government of Pakistan Ijara Sukuk
Please refer to FSCD Circular No. 13 dated 6th September, 2008 and the subsequent circulars on the subject matter cited above. In accordance with provisions of the notification of the GoP Ijara Sukuk Rules, 2008, another GoP Ijara Sukuk will be issued as per the Structure and Assets described in Annexure “C”. In this regard, details covering the structure, documentation and sample Tender Form are attached for information. All other instructions on the subject would remain unchanged. Enclosed: Annexure ‘A’: Copy of Ijara Sukuk Rules 2008 Annexure ‘B’: Sample Tender Form Annexure ‘C’: Structure and Documentation Annexure ‘D’: Certificate Subscription Undertaking Annexure ‘E’: Certificate Issuance Undertaking
Please refer to FSCD Circular No. 13 dated 6th September, 2008 and the subsequent circulars on the subject matter cited above.
In accordance with provisions of the notification of the GoP Ijara Sukuk Rules, 2008, another GoP Ijara Sukuk will be issued as per the Structure and Assets described in Annexure “C”.
In this regard, details covering the structure, documentation and sample Tender Form are attached for information. All other instructions on the subject would remain unchanged.
Enclosed:
Annexure ‘A’: Copy of Ijara Sukuk Rules 2008 Annexure ‘B’: Sample Tender Form Annexure ‘C’: Structure and Documentation Annexure ‘D’: Certificate Subscription Undertaking Annexure ‘E’: Certificate Issuance Undertaking
Yours sincerely, (Muhammad Ali Malik) Director