Auction: MTB & PIB-FRB Bid Pattern

August 12, 2020 (MLN): The State Bank of Pakistan released the Bid Pattern for today's MTB Auction.

Auction target is Rs.150.00 billion against a maturing amount of Rs.178.40 billion, showing a net retirement of Rs.28.40 Billion.

Link to Full Bid Pattern

In the previous auction cut off yield for 3, 6 and 12 months was 6.9501, 7.0995 and 7.14 percent.

SBP also released the Bid pattern for today's PIB (Floating Rate) Auction.

Auction Target is Rs.120.00 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.

Link to Full Bid Pattern

 

 

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Posted on: 2020-08-12T16:55:00+05:00

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