Auction Result: SBP Sells T-Bills worth Rs.883.55 Billion

MG News | October 09, 2019 at 08:45 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

Oct 09, 2019 (MLN): The State Bank fo Pakistan(SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs.883.55 billion for 3, 6 and 12 months.

Auction target was Rs.1,000.00 billion against a maturing amount of Rs.2,064.51 billion.

Cut off yield for 3, 6 and 12 months were 13.6898, 13.5549 and 13.4699 percent.

Total amount offered was Rs.2,308.79 billion out of which the SBP accepted Rs.812.43 billion. The SBP received bids worth Rs.498.38 billion for 3 months, Rs.100.40 for 6 months and Rs.1,710.02 billion for 12 months out of which it accepted Rs.321.03 billion, Rs. 0.50 billion and Rs.490.90 billion respectively.

In addition the SBP picked up Rs.71.12 billion from the non-competitive auction, making the total amount accepted Rs.883.55 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,844.25 170.38M	-0.40% -670.20
ALLSHR	101,190.46 479.24M	-0.24% -244.65
KSE30	50,308.01 73.54M	-0.54% -271.17
KMI30	241,041.17 72.56M	-0.54% -1308.61
KMIALLSHR	65,768.91 266.90M	-0.34% -227.18
BKTi	45,905.17 27.93M	-0.59% -271.56
OGTi	35,557.92 7.24M	-0.32% -112.64

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	75,915.00	77,940.00 75,590.00	-1780.00 -2.29%
BRENT CRUDE	104.25	106.36 101.34	1.67 1.63%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-9.00 -7.56%
ROTTERDAM COAL MONTHLY	113.00	0.00 0.00	0.45 0.40%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.00	99.43 94.73	0.65 0.67%
SUGAR #11 WORLD	14.68	14.91 14.59	-0.22 -1.48%