Auction Result: SBP Sells T-Bills worth Rs.393.90 Billion

MG News | October 21, 2020 at 08:40 PM GMT+05:00

0:00

October 21, 2020 (MLN): The State Bank fo Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs.393.90 billion for 3 and 6 months.

Auction target was Rs.350.00 billion against a maturing amount of Rs.484.70 billion.

Cut off yield for 3 and 6 months were 7.175 and 7.2 percent.

Total amount offered was Rs.569.58 billion out of which the SBP accepted Rs.347.40 billion. The SBP received bids worth Rs.554.52 billion for 3 months and Rs.15.04 billion for 6 months out of which it accepted Rs.347.36 billion and Rs. 40.395 million respectively.

The SBP only received bids worth Rs.15 million for 12 months, all of which were rejected.

In addition the SBP picked up Rs.46.5 billion from the non-competitive auction, making the total amount accepted Rs.393.90 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	134,299.77 290.06M	0.39% 517.42
ALLSHR	84,018.16 764.12M	0.48% 402.35
KSE30	40,814.29 132.59M	0.33% 132.52
KMI30	192,589.16 116.24M	0.49% 948.28
KMIALLSHR	56,072.25 387.69M	0.32% 180.74
BKTi	36,971.75 19.46M	-0.05% -16.94
OGTi	28,240.28 6.19M	0.21% 58.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%