Auction Result: SBP Sells T-Bills worth Rs.113.16 Billion

MG News | August 12, 2020 at 06:20 PM GMT+05:00

0:00

Aug 12, 2020 (MLN): The State Bank fo Pakistan(SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs.113.16 billion for 3, 6 and 12 months.

Auction target was Rs.150.00 billion against a maturing amount of Rs.178.40 billion.

Cut off yield for 3, 6 and 12 months were 6.99, 7.18 and 7.15 percent, which showed a marginal increase of 4, 8 and 1 basis points over the previous auction.

Total amount offered was Rs.629.09 billion out of which the SBP accepted Rs.59.45 billion. The SBP received bids worth Rs.275.44 billion for 3 months, Rs.201.23 billion for 6 months and Rs.152.43 billion for 12 months out of which it accepted Rs.41.00 billion, Rs. 18.23 billion and Rs.225 million respectively.

In addition the SBP picked up Rs.53.71 billion from the non-competitive auction, making the total amount accepted Rs.113.16 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	158,183.95 217.77M	0.20% 313.44
ALLSHR	96,039.69 755.78M	-0.07% -68.77
KSE30	47,890.56 125.17M	0.10% 47.49
KMI30	225,260.19 74.23M	-0.64% -1448.03
KMIALLSHR	62,327.83 230.40M	-0.31% -193.35
BKTi	43,848.14 49.46M	-0.14% -63.41
OGTi	30,283.53 16.88M	-0.18% -54.46

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	102,400.00	102,870.00 101,640.00	665.00 0.65%
BRENT CRUDE	62.58	62.62 62.34	-0.13 -0.21%
RICHARDS BAY COAL MONTHLY	85.25	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	95.65	95.65 95.65	-0.05 -0.05%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	58.34	58.50 58.12	-0.15 -0.26%
SUGAR #11 WORLD	14.57	14.57 14.18	0.32 2.25%