SBP raises Rs652bn in Fixed Rate PIB Auction
MG News | May 18, 2026 at 08:16 PM GMT+05:00
May 18, 2026 (MLN): The State Bank of Pakistan (SBP)
conducted a government securities auction on May 18, 2026, with a settlement
date of May 19, 2026, for the sale of Fixed Rate Pakistan Investment Bonds
(PIBs).
The auction successfully raised Rs651.788bn in face value
terms across multiple tenors.
Pakistan Investment Bonds (Fixed Rate)
Tenders for the sale of 2-Year (Zero Coupon), 3-Year,
5-Year, 10-Year, and 15-Year (Zero Coupon) Government of Pakistan Investment
Bonds were invited by the SBP, with bids received across all five tenors.
Total face value bids received across all tenors amounted to
Rs1,010.489bn. The 15-Year tenor attracted the highest participation at Rs626.5bn,
followed by Rs150.763bn in the 10-Year, Rs126.726bn in the 5-Year, Rs66.5bn in
the 2-Year, and Rs40bn in the 3-Year tenor.
Of the total amount raised, Rs618.940bn came through
competitive bids. The 15-Year tenor led with Rs521bn in accepted face value at
a cut-off yield of 12.9%.
The 10-Year followed at Rs53.440bn with a cut-off yield of
12.949%, while the 2-Year attracted Rs24.5bn at 13.25%. Furthermore, the 5-Year
secured Rs15bn at 12.9490%, and the 3-Year saw Rs5bn accepted at 13.20%.
Competitive Bids — Fixed Rate PIBs
|
Tenor |
Face Value Accepted (Rs bn) |
Cut-off Yield |
Wtd Avg Yield |
|
02-Year |
24.500 |
13.25% |
13.1462% |
|
03-Year |
5.000 |
13.25% |
13.2466% |
|
05-Year |
15.000 |
12.949% |
12.914% |
|
10-Year |
53.440 |
12.949% |
12.832% |
|
15-Year |
521.000 |
12.9% |
12.9% |
|
Total |
618.940 |
An additional Rs11.848bn was accepted through
non-competitive bids, while Rs21bn was raised through short selling.
The non-competitive bids included Rs6.395bn in the 5-Year,
Rs2.123bn in the 3-Year, Rs1.830bn in the 2-Year, and Rs1.5bn in the 10-Year
tenor, with no non-competitive or short-selling participation in the 15-Year
tenor.
Non-Competitive Bids & Short Selling — Fixed Rate
PIBs
|
Tenor |
Non-Competitive Price |
Non-Competitive Bids (Rs bn) |
Short Selling (Rs bn) |
|
02-Year |
81.4597 |
1.830 |
- |
|
03-Year |
96.9941 |
2.123 |
4.500 |
|
05-Year |
97.6085 |
6.395 |
16.000 |
|
10-Year |
98.1587 |
1.500 |
0.500 |
|
15-Year |
- |
- |
- |
|
Total |
11.848 |
21.000 |
The grand total raised through the Fixed Rate PIB auction,
inclusive of competitive bids, non-competitive bids, and short selling, stood
at Rs651.788bn in face value terms.
Total Acceptance (Competitive + Non-Competitive + Short
Selling)
|
Tenor |
Face Value Accepted (Rs bn) |
|
02-Year |
26.330 |
|
03-Year |
11.623 |
|
05-Year |
37.395 |
|
10-Year |
55.440 |
|
15-Year |
521.000 |
|
Total |
651.788 |
Copyright Mettis
Link News
Related News
_20260116140216475_29e463.webp?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 161,805.02 195.97M | -2.29% -3791.05 |
| ALLSHR | 97,831.99 495.75M | -2.19% -2185.72 |
| KSE30 | 48,340.67 77.02M | -2.27% -1124.26 |
| KMI30 | 232,680.60 78.39M | -2.62% -6271.80 |
| KMIALLSHR | 63,675.05 227.49M | -2.51% -1639.11 |
| BKTi | 43,875.66 32.84M | -2.04% -913.32 |
| OGTi | 33,979.39 8.60M | -3.21% -1127.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,260.00 | 78,495.00 76,210.00 | -2950.00 -3.72% |
| BRENT CRUDE | 110.74 | 112.00 106.87 | 1.48 1.35% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -7.25 -6.18% |
| ROTTERDAM COAL MONTHLY | 110.50 | 110.65 110.10 | 1.30 1.19% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.74 | 104.37 98.60 | 1.72 1.70% |
| SUGAR #11 WORLD | 14.71 | 14.95 14.57 | -0.09 -0.61% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|