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MTB Auction: Bid Pattern

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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.

Posted on: 2018-07-04T14:58:00+05:00

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