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Pakistan to sell $500-$700 million five-year Islamic bond via Citigroup, HSBC
By Paul A. Harris
St. Louis, Oct. 19 - The Islamic Republic of Pakistan has mandated Citigroup and HSBC to lead its pending sale of a $500 million to $700 million offering of five-year Islamic bonds, according to a market source.
The deal is expected to launch in late November.
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