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Investment of Rs.2,919.66 Million in 180 Days Term Deposit Receipts (TDR)
Expired Tender
Closing Date:
2025-12-24
2025-12-24
Tender Overview
- Category
- Financial & Insurance Services
- Sector
- Services
- Tender Type
- Services
- Procurement Method
- Sealed hard copy
- Submission Method
- Sealed hard copy
- Estimated Cost
- Rs.2,919.66 Million
- Source Name
- PPRA
Location & Dates
Contact & Websites
- Contact Person
- General Manager (R&A)
- Contact Phone
- 042-36302926
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Tender Description
PASSCO invites sealed offers from scheduled banks for investment of approximately Rs.2,919.66 million in 180 days Term Deposit Receipts (TDR). The investment is divided into six amounts with specific tentative investment and maturity dates.
Only banks rated 'AA' or above by Pakistan Credit Rating Agency (PACRA) or VIS are eligible. Each bank can submit a single offer with maximum investment of Rs.500 million. Offers will be received at PASSCO Head Office Lahore until 11:00 AM on 24th December 2025 and opened the same day at 11:30 AM in presence of interested parties.