MTB Auction: Bid Pattern

By MG News | December 19, 2018 at 03:05 PM GMT+05:00
The State Bank of Pakistan released the Bid Pattern for today's MTB Auction. Auction Target is Rs.100 Billion against a maturing amount of Rs.9.728 Billion
SBP Received bids worth Rs28.024 Billion for 3 months and Rs100 Million for 6 Months while no bids were made for the 12 month T-Bill.
If the Central Bank maintains the cut off yield from the previous auction, it should be able to raise Rs.15.024 Billion for 3 months.
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