Auction Result: SBP Sells PIBs worth Rs.65 Billion

MG News | August 12, 2020 at 11:10 PM GMT+05:00

0:00

August 12, 2020 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which is sold floating rate PIBs worth Rs.65.079 billion for 3 and 5 years.

The SBP received bids worth Rs.221.925 Billion against an auction target of Rs.120 billion.

Out of the received bids, Rs.116.175 billion was for 3 years, Rs.60.75 billion was for 5 years and Rs.45 billion was for 10 years.

The SBP accepted bids worth Rs.49.575 billion for 3 years and Rs.10 billion for 5 years while all bids for 10 years was rejected.

In addition SBP accepted Rs.5.504 billion in non-competitive bids and through short selling making the total accepted amount Rs.65.079 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	187,744.12 454.96M	0.45% 843.38
ALLSHR	112,798.30 796.80M	0.57% 643.69
KSE30	57,549.16 70.83M	0.45% 257.04
KMI30	265,543.59 56.76M	0.32% 847.17
KMIALLSHR	72,449.97 559.39M	0.47% 337.03
BKTi	55,059.73 37.24M	1.27% 692.44
OGTi	38,704.31 3.94M	-0.20% -79.46

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,470.00	77,110.00 75,595.00	-210.00 -0.27%
BRENT CRUDE	67.14	68.26 66.98	-0.19 -0.28%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-3.35 -3.59%
ROTTERDAM COAL MONTHLY	100.00	100.00 100.00	0.65 0.65%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	63.11	64.17 62.95	-0.10 -0.16%
SUGAR #11 WORLD	14.63	14.66 14.56	0.00 0.00%