Auction Result: SBP Sells T-Bills worth Rs.649.79 Billion

MG News | December 30, 2020 at 08:32 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 30, 2020 (MLN): The State Bank of Pakistan(SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs.649.79 billion for 3, 6 and 12 months.

Auction target was Rs.550.00 billion against a maturing amount of Rs.640.30 billion.

Cut off yield for 3, 6 and 12 months were 7.1498, 7.2 and 7.29 percent.

Total amount offered was Rs.671.39 billion out of which the SBP accepted Rs.629.64 billion. The SBP received bids worth Rs.633.43 billion for 3 months, Rs.17.00 billion for 6 months and Rs.20.96 billion for 12 months out of which it accepted Rs.601.68 billion, Rs. 7.00 billion and Rs.20.96 billion respectively.

In addition the SBP picked up Rs.20.14 billion from the non-competitive auction, making the total amount accepted Rs.649.79 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,851.11 209.37M	1.46% 2565.33
ALLSHR	107,921.92 449.16M	1.30% 1385.11
KSE30	53,090.36 72.87M	1.47% 769.38
KMI30	250,196.63 64.31M	1.39% 3421.01
KMIALLSHR	69,233.54 276.72M	1.26% 860.89
BKTi	50,566.90 23.15M	1.71% 848.67
OGTi	35,459.49 4.07M	0.95% 333.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,315.00	65,105.00 64,270.00	-770.00 -1.18%
BRENT CRUDE	84.62	85.55 84.30	-0.33 -0.39%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.25 -1.17%
ROTTERDAM COAL MONTHLY	120.00	0.00 0.00	0.45 0.38%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	79.60	80.59 79.14	0.00 0.00%
SUGAR #11 WORLD	14.74	14.86 14.72	-0.11 -0.74%