Auction Result: Govt raises Rs562bn through T-bills

News Image

MG News | April 30, 2025 at 09:47 PM GMT+05:00

0:00

April 30, 2025 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs562 billion.

The target was to raise Rs400 billion while the maturity amount was Rs698bn.

Cut-off yields stood at 12.1492% (-17bps) for one month, 12.0098% for 3 months, 11.9998% for 6 months, and 12.0100% for 12 months.

Total amount offered was Rs1.51tr, with the SBP receiving bids worth Rs175.92bn for 3 months, Rs146.61bn for 6 months, and Rs298.72bn for 12 months.

Out of this, SBP accepted Rs65.18bn for one month tenor, Rs127.84bn for 3 months, Rs81.81bn for 6 months, and Rs224.72bn for 12 months.

In addition, the central bank picked up Rs74.88bn from the non-competitive auction, making the total amount accepted Rs562bn.

The bid-to-cover ratio, which shows the amount of bids received versus the amount sold, rose to 2.68 as against 1.79 in the previous auction. In other words, the SBP accepted about 37.3% of the total bids it received.

To note, the central bank in the last auction held on April 16, 2025, sold MTBs worth Rs964.63n against a target of Rs850bn.

Cut-off yields stood at 12.3194% for one month, 12.0100% for 3 months, 11.9900% for 6 months, and 12.0100% for 12 months.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,757.02
212.76M
0.07%
91.52
ALLSHR 85,435.34
507.17M
-0.31%
-264.17
KSE30 42,360.56
65.17M
0.02%
7.42
KMI30 193,711.83
62.49M
-0.75%
-1470.20
KMIALLSHR 56,083.15
251.88M
-0.54%
-306.00
BKTi 38,133.70
14.01M
-0.75%
-289.28
OGTi 27,526.34
5.55M
-0.69%
-191.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,210.00 121,165.00
118,705.00
-80.00
-0.07%
BRENT CRUDE 70.09 70.40
69.41
0.57
0.82%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.85 67.16
66.12
0.62
0.94%
SUGAR #11 WORLD 16.82 16.87
16.71
0.08
0.48%

Chart of the Day


Latest News
July 18, 2025 at 03:46 PM GMT+05:00

PKR gains 10 paisa against USD


July 18, 2025 at 03:28 PM GMT+05:00

Ferry Service to launch from Gwadar to key Gulf areas


July 18, 2025 at 03:13 PM GMT+05:00

Service sector trade deficit clocks in at $126m


July 18, 2025 at 03:03 PM GMT+05:00

Foreign currency deposits increase $52m in June



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg