Auction Result: SBP sells PIBs worth Rs.13.27 billion

News Image

MG News | December 09, 2020 at 07:32 PM GMT+05:00

0:00

December 9, 2020 (MLN): The State Bank of Pakistan conducted an auction on Wednesday in which it sold fixed rate PIBs worth Rs.13.271 billion against an auction target of Rs.125 billion.

Bids for 5 and 10 year bonds were rejected while the SBP only picked up Rs.1.5 billion for 3 years with the bulk of amount raised for 15 and 20 years. The SBP sold PIBs worth Rs.3 billion for 15 years and Rs.8 billion for 20 years.

The SBP had received bids worth Rs.66.298 billion.

In addition the SBP picked up Rs.721.5 million through short selling and non-competitive bids.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,195.00 119,275.00
117,905.00
1575.00
1.34%
BRENT CRUDE 72.38 72.82
72.29
-0.86
-1.17%
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 70.00 70.41
69.92
0.00
0.00%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

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