Auction Result: SBP sells T-bills worth Rs557.39bn
MG News | October 04, 2023 at 11:46 PM GMT+05:00
October 04, 2023 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs557.388 billion for 3,6 and 12 months against a target of Rs600bn.
Cut off yields for 3, 6, and 12 months were 22.5002%, 22.8500%, and 22.8400%.
This means the the cut off yields for 3 and 12 months fell by 29bps and 6bps respectively, while the 6 month saw an increase of 5bps.
Total amount offered was Rs2.816tr out of which the SBP accepted Rs557bn.
The SBP received bids worth Rs2.25tr for 3 months, Rs120bn for 6 months, and Rs443.66bn for 12 months out of which it accepted Rs384.4bn for 3 months, Rs10bn for 6 months, and Rs61.9bn for 12 months.
In addition, the SBP picked up Rs101.09bn from the non-competitive auction, making the total amount accepted Rs557bn.

To note, SBP in the last auction held on September 20 sold MTBs worth Rs2.369 trillion against a target of Rs2.25tr.
Cut-off yields for 3, 6, and 12 months were 22.7898%, 22.8000%, and 22.9000%.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,725.29 261.56M | 2.31% 3881.05 |
| ALLSHR | 103,214.49 498.64M | 2.00% 2024.02 |
| KSE30 | 51,517.14 135.33M | 2.40% 1209.13 |
| KMI30 | 246,565.71 111.44M | 2.29% 5524.54 |
| KMIALLSHR | 67,042.77 274.55M | 1.94% 1273.86 |
| BKTi | 47,299.71 43.26M | 3.04% 1394.54 |
| OGTi | 36,341.37 10.64M | 2.20% 783.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,045.00 | 77,935.00 76,105.00 | 1270.00 1.68% |
| BRENT CRUDE | 98.85 | 100.12 97.12 | 2.71 2.82% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -8.75 -7.37% |
| ROTTERDAM COAL MONTHLY | 111.10 | 111.10 111.10 | 0.35 0.32% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 92.62 | 93.90 89.41 | -3.98 -4.12% |
| SUGAR #11 WORLD | 14.58 | 14.63 14.44 | -0.12 -0.82% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|