Auction Result: SBP sells T-Bills worth Rs.1.276 Trillion

MG News | August 07, 2019 at 09:30 PM GMT+05:00

0:00

August 7, 2019 (MLN): The State bank of Pakistan (SBP) conducted an auction on Wednesday in which is sold Market Treasury Bills (MTB) worth Rs.1.276 trillion for 3, 6 and 12 months.

Auction Target was Rs.2 trillion against a maturing amount of Rs.3.2 trillion

Cut off Yields for 3 and 6 month remained unchanged at 13.7499 and 13.95 percent while the yield for 12 months went up marginally to 14.2499 percent.

Earlier the SBP had received bids worth Rs.1.452 trillion, which was mostly concentrated in the shorter 3 month tenor.

Out of the Bids, the SBP accepted Rs.1.157 trillion for 3 months, Rs.4.927 billion for 6 months and Rs.94.40 billion for 12 months.

The SBP accepted an additional Rs.19.572 billion in the non-competitive bids making the total accepted amount Rs.1.276 trillion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	174,453.94 378.71M	-2.87% -5149.79
ALLSHR	104,971.25 768.15M	-2.82% -3049.94
KSE30	53,198.53 164.55M	-2.97% -1629.79
KMI30	246,378.79 122.98M	-2.77% -7017.29
KMIALLSHR	67,606.67 353.71M	-2.49% -1723.51
BKTi	49,956.50 81.12M	-3.77% -1956.89
OGTi	34,148.45 27.47M	-2.58% -904.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,865.00	69,125.00 68,195.00	30.00 0.04%
BRENT CRUDE	67.81	68.13 67.32	0.06 0.09%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-1.50 -1.54%
ROTTERDAM COAL MONTHLY	105.05	105.05 105.05	0.20 0.19%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	62.93	63.30 62.49	0.04 0.06%
SUGAR #11 WORLD	13.55	13.57 13.42	0.07 0.52%