Auction Result: SBP Sells T-Bills worth Rs.225.26 Billion

MG News | May 20, 2020 at 06:50 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 20, 2020 (MLN): The State Bank fo Pakistan(SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs.225.26 billion for 3, 6 and 12 months.

Auction target was Rs.325.00 billion against a maturing amount of Rs.205.20 billion.

Cut off yield for 3, 6 and 12 months were 8.1496, 7.805 and 7.7499 percent.

Total amount offered was Rs.1,102.84 billion out of which the SBP accepted Rs.167.31 billion. The SBP received bids worth Rs.323.81 billion for 3 months, Rs.270.13 billion for 6 months and Rs.508.90 billion for 12 months out of which it accepted Rs.26.80 billion, Rs. 50.00 billion and Rs.90.51 billion respectively.

In addition the SBP picked up Rs.57.95 billion from the non-competitive auction, making the total amount accepted Rs.225.26 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,293.89 261.24M	-2.58% -4633.16
ALLSHR	106,559.33 599.27M	-2.48% -2711.37
KSE30	52,289.84 110.75M	-2.64% -1415.87
KMI30	247,428.81 102.38M	-2.41% -6103.11
KMIALLSHR	68,495.01 351.67M	-2.36% -1657.62
BKTi	49,537.73 34.80M	-2.86% -1459.77
OGTi	35,449.19 9.94M	-2.12% -766.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,595.00	62,970.00 61,925.00	245.00 0.39%
BRENT CRUDE	85.92	86.47 83.68	2.62 3.15%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	119.35	0.00 0.00	-0.15 -0.13%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	80.26	80.93 77.86	2.12 2.71%
SUGAR #11 WORLD	14.75	14.86 14.73	0.00 0.00%