MTB Auction: Bid Pattern

By MG News | January 16, 2019 at 03:15 PM GMT+05:00
January 16, 2019 (MLN): The State Bank of Pakistan released the Bid Pattern for today's MTB Auction. Auction Target is Rs.600 Billion against a maturing amount of Rs.600.960 Billion
The SBP received bids worth Rs.279.310 Billion for 3 months. No bids were made for the 6 and 12 Month T-Bills.
If the SBP keeps the 3 month Cut off yield unchanged at 10.3013 percent, it will be able to raise Rs.260.789 billion from the competitive auction.
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