Auction Result: SBP sells PIBs well below Target

News Image

MG News | September 16, 2020 at 07:58 PM GMT+05:00

0:00

September 16, 2020 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold PIBs worth Rs.2.764 billion against an auction target of Rs.140 billion.

Earlier the SBP had received bids worth Rs.76.797 billion for 3, 5, 10, 15 and 20 year fixed Rated PIBs

Of these the SBP accepted 1.75 billion in 3 years, Rs.12.50 million for 5 years, Rs.2 million for 10 years and Rs.1 billion for 20 years. The bids for 15 year PIB were rejected.

Cut off yields remained largely unchanged at 8.20, 8.45, 8.99 an 10.5498 percent for 3, 5, 10 and 20 years.

In addition to the above, the SBP sold Rs.680 million in non-competitive bids for 3 and 5 years making the total accepted amount Rs.3.444 billion

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
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 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

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