Tenders Closed 14 Sep 2020
Finance Department, Government of Balochistan — Invitation of Bids for Investment of Endowment Funds (AA-rated Banks/Financial Institutions)
Finance Department, Government of Balochistan · Quetta · The Express Tribune,
Tender advertisement published in The Express Tribune on Friday, 4 September 2026, listed under Quetta, Pakistan. Issued by Finance Department, Government of Balochistan. The last date printed on the advertisement was Monday, 14 September 2020 and has passed.
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Issuer: Investment Committee, Finance Department, Government of Balochistan. The committee invites sealed bids from banks and financial institutions with a minimum credit rating of "AA" (as published by the State Bank of Pakistan) for placement of available endowment funds into banking investment products.
Eligible bidders, investment avenues, tenures and profit payment bases are provided below.
| Eligible bidders | Banks / financial institutions holding a minimum credit rating of "AA" at time of placement (as assigned by a credit rating agency and published by the State Bank of Pakistan). |
|---|---|
| Investment avenues | Market Treasury Bills; Pakistan Investment Bonds; Term Deposit Receipts; Fixed Deposits; other profitable conventional or Shariah-compliant schemes offered by the institution. |
| Tenures | 03 months, 06 months, 01 year, 03 years, 05 years. |
| Profit payment | Payable on monthly, annual and maturity basis (as offered). |
Bid format: Bids shall be submitted on institution letterhead using the specified format (product name, product details, tenure of investment, profit payment, rates quoted on an annualized basis).
Submission details:
| Last date & time for submission | 14th September 2020, till 11:00 a.m. |
|---|---|
| Opening of bids (as stated) | 14th September 2028 at 12:30 p.m. |
| Place of submission | Room No. 04, Block No. 05, Finance Department, Civil Secretariat, Quetta. |
| Mode of submission | Sealed envelope bearing name and address of bidding institution. |
| Bid validity | Minimum one week (working days only) from date of closure of bids. |
Key terms and conditions (summary): Bids must be on official letterhead, signed and stamped by an authorized signatory. Late bids or submissions by telephone, fax or e-mail will not be entertained. Conditional, ambiguous or incomplete bids may be rejected. The Investment Committee may accept a bid in whole or in part, place funds with more than one institution, reject any or all proposals, or postpone/delay the investment without assigning reasons.
Contact: Finance Department, Government of Balochistan, Block No. 05, Civil Secretariat, Quetta. Ph: 081-9201410.
Published in The Express Tribune on Friday, 4 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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