Auction Result: SBP Sells Floating Rate PIBs Worth Rs.93.83 Billion
MG News | July 01, 2020 at 01:00 AM GMT+05:00
June 30, 2020 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Tuesday in which it sold Floating Rate Bonds (PIBs) worth Rs.93.833 billion for 3, 5 and 10 years.
Auction target was Rs.120 billion, whereas the SBP received bids worth Rs.271.215 billion.
The SBP received bids worth Rs.179.215 billion for 3 years, Rs.35 billion for 5 years and Rs.57 billion for 10 years out of which the SBP accepted Rs.50.07 billion, Rs.25 billion and Rs.18 billion for 3, 5 and 10 years.
In addition to the above the SBP also picked up Rs.763.60 million in non-competitive bids making the total accepted amount Rs.93.833 billion.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 162,896.68 169.98M | 0.67% 1091.66 |
| ALLSHR | 98,449.69 389.81M | 0.63% 617.70 |
| KSE30 | 48,687.46 89.94M | 0.72% 346.80 |
| KMI30 | 233,849.31 94.62M | 0.50% 1168.71 |
| KMIALLSHR | 64,048.09 199.49M | 0.59% 373.04 |
| BKTi | 44,347.06 28.49M | 1.07% 471.40 |
| OGTi | 34,422.95 8.77M | 1.31% 443.56 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,810.00 | 77,425.00 76,120.00 | -85.00 -0.11% |
| BRENT CRUDE | 111.31 | 111.58 109.01 | -0.79 -0.70% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -7.75 -6.58% |
| ROTTERDAM COAL MONTHLY | 111.50 | 111.50 111.50 | 0.90 0.81% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 104.14 | 104.71 102.12 | -0.24 -0.23% |
| SUGAR #11 WORLD | 15.04 | 15.13 14.69 | 0.31 2.10% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Banking Sector Spreads