Auction: MTB & PIB-FRB Bid Pattern
MG News | August 12, 2020 at 04:55 PM GMT+05:00
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.
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.
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