Circulars/Notifications - Financial Markets Strategy & Conduct Department  
 FSCD Circular No. 15 of 2010
October 29, 2010 

All Banks/DFIs/NBFIs

Government of Pakistan Ijara Sukuk

Please refer to FSCD Circular No. 13 dated 6th September, 2008 and FSCD Circular No. 10 dated 8th July 2010 on the captioned subject.

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,

(Ali Sultan)
Director

       
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