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 |
|---|---|---|---|---|---|---|---|
| 3m | 2018-10-25 | 7.7288 | 7.8116 | 7.7474 | 170 | 987,256.26 | 100% |
| 6m | 2019-01-31 | 0 | 0 | 0 | 0 | 0 | 0% |
| 1y | 2019-08-01 | 0 | 0 | 0 | 0 | 0 | 0% |
| 987,256.26 |
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.
Posted on: 2018-08-01T15:08:00+05:00
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