MTB Auction: Bid Pattern

By MG News | August 15, 2018 at 04:38 PM GMT+05:00
The State Bank of Pakistan released the Bid Pattern for today's MTB Auction. Auction Target is Rs.100 Billion against a maturing amount of Rs.12.159 Billion.
The SBP received bids worth Rs.45.411 Billion for 3 Months MTB, no bids were made for the 6m & 1y Treasury Bills. If the SBP maintains the cut off yield at 7.75 percent from the previous auction, it will be able to raise Rs.40.411 Billion.
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