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	155,384.51 274.67M	0.61% 944.82
ALLSHR	95,133.57 856.28M	0.49% 465.41
KSE30	47,466.99 137.10M	0.74% 347.09
KMI30	227,645.22 99.71M	0.67% 1519.50
KMIALLSHR	63,888.06 353.11M	0.50% 319.01
BKTi	41,761.78 72.20M	0.33% 138.95
OGTi	31,619.14 7.57M	0.41% 130.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,220.00	117,240.00 114,940.00	-2045.00 -1.74%
BRENT CRUDE	67.14	67.52 66.78	0.15 0.22%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.90	63.24 62.52	0.21 0.34%
SUGAR #11 WORLD	15.90	15.98 15.80	0.11 0.70%