INVITATION OF OFFERS FOR INVESTMENT OF FUNDS (4000) Million Rupees Four Thousand Million THROUGH OPEN BIDDING.

 

EVACUEE TRUST PROPERTY BOARD

GOVERNMENT OF PAKISTAN

9-COURT STREET LAHORE

 

 

INVITATION OF OFFERS FOR INVESTMENT OF FUNDS THROUGH OPEN BIDDING.

 

  1. Evacuee Trust Property Board, Federal Government Autonomous corporate body working under administrative control of the Ministry of Religious Affairs and Interfaith Harmony, intends to invest its surplus funds in Term Deposit Receipt (TDRs) for a period of one year in scheduled Banks approved by the State Bank of Pakistan.
  2. The total proposed funds to be invested by ETPB is 4000 Million (Rupees Four Thousand Million).
  3. The rating of Banks must be AA in long term as per PACRA Rating.
  4. All investment will be made in accordance with the rules of State Bank of Pakistan and in the light of directions of Finance Division, Government of Pakistan.
  5. The open bidding offer of interest rates must be offered by the authorized representatives of the Banks before the auction/bidding Committee approved by the competent authority.
  6. The open bidding offer will start at 11:00 AM on 08.2022 (Thursday) in the Committee Room, Evacuee Trust Property Board, 9-Court, Street Lahore before the bidding Committee and will be closed at 11:30 AM.
  7. The procuring agency may reject all bids / offers prior to the acceptance of a bid / offer.
  8. Further information can be obtained from this office during office hours.

 

 

 

Controller of Accounts

Evacuee Trust Property Board

9-Court Street Lahore.

Ph: 042-99211039

Fax: 042-99211033