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.517.752 Billion.
The State Bank received bids worth Rs.987.25 Billion for 3 Month T-Bills, no bids were made for the 6M and 12M T-Bills
|Tenor||Maturity||Low Yield||High Yield||W.A.Yield||# of Bids||Amount*||Pct of Bids|
Amount in Rs.Million
If the SBP maintains the cut off yield for 3 months from the previous auction at 7.75%, it should be able to raise Rs.928.25 Billion.