SBP raises Rs916bn in 22-day T-bills auction
By MG News | June 18, 2025 at 08:03 PM GMT+05:00
June 18, 2025 (MLN): The State Bank of Pakistan (SBP) successfully concluded its auction of 22-day Market Treasury Bills (MTBs) today, accepting bids worth Rs915.6 billion at a cut-off yield of 11.3607%.
The auction attracted total bids amounting to Rs1.9 trillion in face value.
The weighted average yield for the accepted amount stood at 11.2952%.
Despite the short tenor, the high demand indicated investor confidence in short-term sovereign instruments and expectations of interest rate stability in the near term.
The auction was conducted through primary dealers, with same-day settlement.
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