MTB Auction: Bid Pattern

MG News | July 04, 2018 at 02:58 PM GMT+05:00

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The State Bank of Pakistan released the Bid Pattern for today's MTB Auction. Auction Target is Rs.1,500 Billion against a maturing amount of Rs.1,928.891 Billion.

SBP Received bids worth Rs.497.289 Billion for the 3 Month MTB, no bids were received for the 6m and 12m instruments.

Link to Full Bid Pattern

**Summary of Auction Bids**
Tenor	Maturity	Low Yield	High Yield	W.A.Yield	# of Bids	Amount*	Pct of Bids
3m	2018-09-27	6.7502	6.9093	6.9093	41	497,289.99	100%
6m	2019-01-03	0	0	0	0	0	0%
1y	2019-07-04	0	0	0	0	0	0%
						497,289.99

* Amount in Rs. Million

According to the released Bid Pattern data, if the SBP maintains the 3M cut off yield from the previous MTB Auction at 6.7596%, it will be able to raise Rs.336.289 Billion from this auction.

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Key Pakistan Market Stats and Economic Indicators

SBP’s FX Purchases Jump to USD 1.02bn in September

Name	Price/Vol	%Chg/NChg
KSE100	173,962.82 313.69M	1.30% 2237.52
ALLSHR	104,178.62 550.40M	0.93% 964.13
KSE30	52,166.33 164.58M	1.26% 649.19
KMI30	250,496.48 141.11M	1.59% 3930.77
KMIALLSHR	67,844.06 318.73M	1.20% 801.29
BKTi	47,430.11 44.68M	0.28% 130.40
OGTi	36,386.96 9.01M	0.13% 45.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,120.00	74,260.00 73,715.00	405.00 0.55%
BRENT CRUDE	91.89	92.95 89.93	-0.81 -0.87%
RICHARDS BAY COAL MONTHLY	117.00	0.00 0.00	-0.75 -0.64%
ROTTERDAM COAL MONTHLY	130.25	131.75 130.00	-0.20 -0.15%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	87.76	0.00 0.00	0.40 0.46%
SUGAR #11 WORLD	14.07	14.35 13.90	0.14 1.01%