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Oil and Gas Development Company Limited’s investment in Pakistan investment bonds (PIBs) for partial settlement of circular debt

Karachi, July 05, 2013 (PPI-OT): For partial resolution of Circular Debt issue prevailing in energy sector, the Government of Pakistan has approved the arrangement for issuance of Pakistan Investment Bonds (PIBs) having face value of Rs. 50,772.70 million, maturing on July 19, 2017 (issued date: July 19, 2012) with coupon …

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