KARACHI - State Bank of Pakistan (SBP) on Friday declared 4th coupon rate for 3-year Government of Pakistan Ijara Sukuk (GIS-14), auctioned on March 26, 2013.

The rate is 9.70 percent per annum and the date of payment will be March 28, 2015, said SBP statement here on Friday. The profit will be applicable to all accepted bids in this auction.