Auction Result: SBP Sells T-Bills worth Rs.293.16 Billion

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

0:00

Feb 12, 2020 (MLN): The State Bank fo Pakistan(SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs.293.16 billion for 3, 6 and 12 months.

Auction target was Rs.300.00 billion against a maturing amount of Rs.197.70 billion.

While the Cut Off Yield for 3 and 6 months remained relatively stable at 13.4149 (-1.47 Basis points) and 13.2999 (+1.09 basis points), the Cut Off Yields for the 12 month T-Bill went up by 38.59 basis points to 13.5199 percent.

Total amount offered was Rs.1,061.03 billion out of which the SBP accepted Rs.274.56 billion. The SBP received bids worth Rs.778.78 billion for 3 months, Rs.129.90 billion for 6 months and Rs.152.36 billion for 12 months out of which it accepted Rs.142.60 billion, Rs. 1.70 billion and Rs.130.26 billion respectively.

In addition the SBP picked up Rs.18.61 billion from the non-competitive auction, making the total amount accepted Rs.293.16 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,400.73 346.40M	0.92% 1570.51
ALLSHR	103,483.96 796.97M	0.55% 561.58
KSE30	52,734.06 184.56M	1.08% 564.57
KMI30	245,565.33 110.97M	1.07% 2605.02
KMIALLSHR	67,233.70 319.67M	0.68% 453.28
BKTi	47,898.10 95.85M	0.98% 462.51
OGTi	33,838.49 13.78M	1.39% 464.88

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,825.00	90,115.00 86,915.00	75.00 0.09%
BRENT CRUDE	60.80	62.67 60.56	-1.44 -2.31%
RICHARDS BAY COAL MONTHLY	87.50	0.00 0.00	1.05 1.21%
ROTTERDAM COAL MONTHLY	94.50	0.00 0.00	-0.70 -0.74%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	56.93	58.88 56.65	-1.42 -2.43%
SUGAR #11 WORLD	15.17	15.28 15.08	-0.12 -0.78%