MTB Auction: Bid Pattern
MG News | January 02, 2019 at 03:05 PM GMT+05:00
January 2, 2019 (MLN): The State Bank of Pakistan released the Bid Pattern for today's MTB Auction.
Auction Target is Rs.2,500 Billion against a maturing amount of Rs.2,720.427 Billion.
The SBP received bids worth Rs.598.465 Billion for 3 months, while no bids were made for 6 and 12 months.
If the Central Bank maintains the 3 month cut off yield at 10.3013 percent, it will raise Rs.571.274 Billion from the competitive auction.
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