Auction Result: SBP Sells T-Bills worth Rs.780.94 Billion

MG News | August 28, 2019 at 07:59 PM GMT+05:00

0:00

Aug 28, 2019 (MLN): The State Bank fo Pakistan(SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs.780.94 billion for 3, 6 and 12 months.

Auction target was Rs.600.00 billion against a maturing amount of Rs.110.85 billion.

Cut off yield for 3, 6 and 12 months were 13.7499, 13.9399 and 14.24 percent.

Total amount offered was Rs.858.22 billion out of which the SBP accepted Rs.755.51 billion. The SBP received bids worth Rs.236.44 billion for 3 months, Rs.5.84 billion for 6 months and Rs.615.94 billion for 12 months out of which it accepted Rs.157.65 billion, Rs.0.75 billion and Rs.597.12 billion respectively.

In addition the SBP picked up Rs.25.43 billion from the non-competitive auction, making the total amount accepted Rs.780.94.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,669.42 126.57M	0.63% 1011.92
ALLSHR	97,958.38 374.62M	0.77% 749.67
KSE30	49,042.36 98.43M	0.65% 316.41
KMI30	232,301.40 74.75M	1.11% 2546.32
KMIALLSHR	63,848.31 187.66M	0.84% 532.32
BKTi	44,231.61 23.59M	0.37% 163.05
OGTi	31,492.95 12.85M	2.28% 702.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	97,140.00	100,495.00 96,095.00	-985.00 -1.00%
BRENT CRUDE	63.75	64.87 63.36	0.74 1.17%
RICHARDS BAY COAL MONTHLY	85.25	0.00 0.00	0.30 0.35%
ROTTERDAM COAL MONTHLY	95.50	96.20 95.50	-0.05 -0.05%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.45	60.65 58.71	0.76 1.29%
SUGAR #11 WORLD	14.43	14.77 14.37	-0.09 -0.62%