Govt raises Rs464bn from T-bill auction

MG News | February 09, 2023 at 01:25 PM GMT+05:00

0:00

February 09, 2023 (MLN): The government on Wednesday raised Rs464 billion from the auction of treasury bills against a target of Rs795bn, result data published by the State Bank of Pakistan (SBP) showed.

The SBP received bids worth Rs858bn, of which Rs520bn were for three-month papers, Rs170.5bn for six-month, and Rs167bn for 12-month papers.

Against this, the government accepted bids worth Rs454bn in three-month, Rs8bn in six-month, and Rs1bn in 12-month papers.

The cut-off yields for three months increased by 6 basis points to 17.99%. On the other hand, the cut-off yield for 6 months and 12 months remained unchanged at 17.85%, and 17.95%, respectively.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	136,502.54 259.91M	1.64% 2202.77
ALLSHR	85,079.90 838.35M	1.26% 1061.74
KSE30	41,552.62 97.27M	1.81% 738.33
KMI30	193,330.76 84.69M	0.39% 741.60
KMIALLSHR	56,315.31 366.02M	0.43% 243.06
BKTi	38,498.08 37.91M	4.13% 1526.33
OGTi	28,138.38 5.66M	-0.36% -101.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	120,770.00	123,615.00 118,675.00	2240.00 1.89%
BRENT CRUDE	69.11	71.53 69.05	-1.25 -1.78%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	106.50	106.60 106.50	-2.20 -2.02%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.85	69.65 66.80	-1.60 -2.34%
SUGAR #11 WORLD	16.31	16.67 16.27	-0.26 -1.57%