Government expects to raise PKR 4.25 trillion from PIBs and MTBs during April – June, 2018

The State Bank of Pakistan today released the calendar for Treasury Bills and Pakistan Investment Bonds for the period between April and June 2018.

The government of Pakistan has set a target of PKR 4.250 trillion target against the maturities of $ 4.086 trillion. The State Bank of Pakistan expects to raise PKR 4.05 trillion from Monthly T bills, and 200 billion from Bonds.

MTB Auction Calendar:

Auction Date

Settlement Date

Maturing Amount

Additional Requirement

Targets (Rounded Off)

11 April 2018

12 April 2018

1,091,197

-141,197

950,000

25 April 2018

26 April 2018

1,207,466

-257,466

950,000

9 May 2018

10 May 2018

1,187,020

-237,020

950,000

23 May 2018

24 May 2018

396,150

253,850

650,000

6 June 2018

7 June 2018

137,337

162,663

300,000

20 June 2018

21 June 2018

23,208

226,762

250,000

 

 

4,042,378

7,622

4,050,000

Government’s T-Bill maturities are expected to reach PKR 4.042 trillion with additional requirement of PKR 7.622 billion.

PIB Targets for all auction:

Auction Date

3 – Year

5 – Year

10 – Year

20 –Year

Total

18-Apr-18

30,000.0

30,000.0

30,000.0

10,000.0

100,000.0

16-May-18

15,000.0

15,000.0

15,000.0

5,000.0

50,000.0

27-Jun-18

15,000.0

15,000.0

15,000.0

5,000.0

50,000.0

Government’s Maturing amount in PIB Auction (Principal + Coupon) for the coming quarter is PKR 46.475 billion.

Posted on: 2018-04-03T18:00:00+05:00