September 09, 2020 (MLN): The State Bank of Pakistan released the Bid Pattern for today's MTB Auction.
Auction target is Rs.300.00 billion against a maturing amount of Rs.493.70 billion, showing a net retirement of Rs.193.70 Billion.
In the previous auction cut off yield for 3, 6 and 12 months was 7.1498, 7.18 and 7.3 percent.
SBP also released the Bid pattern for today's PIB (Floating Rate) Auction.
Auction Target is Rs.110.00 Billion for 3, 5 and 10 year Bonds, which will be the re-opening of June 18, 2020 issue.
Coupon Rates for are 8.2670, 8.3070 and 8.5170 percent for 3, 5 and 10 years.
Copyright Mettis Link News