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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.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

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 2018-10-25 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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