Govt raises Rs757bn from T-bills

MG News | November 16, 2022 at 09:14 PM GMT+05:00

0:00

November 16, 2022 (MLN): The government on Wednesday raised Rs757 billion from auction of treasury bills against a target of Rs750bn, result data published by the State Bank of Pakistan (SBP) showed.

The SBP received bids worth Rs1.25 trillion, of which Rs986bn were for three-month papers, Rs139bn for six-month and Rs122bn for 12-month papers.

Against this, the government accepted bids worth Rs745bn in three-month, Rs7bn in six-month and Rs5bn in 12-month papers.

The cut-off yields remained unchanged for three-month papers at 15.71% while declining by 0.01% to 15.73% for six-month papers. On the other hand, the cut-off yields for 12-month papers fell by 0.04% to 15.7%.

The government is eyeing to raise another Rs2.85tr from the market during the remainder of 2022.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	105,285.00	109,470.00 103,745.00	-3160.00 -2.91%
BRENT CRUDE	61.03	61.29 60.14	-0.03 -0.05%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.35 0.38%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.02	57.29 56.15	0.03 0.05%
SUGAR #11 WORLD	15.76	15.88 15.65	-0.04 -0.25%