Govt buys back Rs200bn T-bills

By MG News | October 30, 2024 at 08:49 PM GMT+05:00

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October 30, 2024 (MLN): The State Bank of Pakistan (SBP) conducted an auction for the buyback of Market Treasury Bills (MTBs) in which it repurchased Rs200 billion against a target of Rs200bn.

The buyback cut-off yield was 15.0901% for the six- month and 15.2899% for the 12-month papers. These papers were originally sold at around 19.9-21.4% rates.

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