Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

MTB Auction: Bid Pattern

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

March 11, 2020 (MLN): The State Bank of Pakistan released the Bid Pattern for today's MTB Auction.

Auction target is Rs.350.00 billion against a maturing amount of Rs.305.20 billion, showing an additional funding requirement of Rs.44.80 Billion.

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 2020-06-04 12.5397 13.3701 12.8681 180 456,742.225 27.97%
6m 2020-09-10 12.3777 12.9998 12.6585 100 355,725.000 21.79%
1y 2021-03-11 11.9400 13.3001 12.3003 176 820,268.725 50.24%
            1,632,735.950  

*Amount in Rs. Million.

In the previous auction cut off yield for 3, 6 and 12 months was 13.3899, 13.3401 and 13.33 percent.

 

Copyright Mettis Link News

Posted on: 2020-03-11T15:32:00+05:00

33341