MTB Auction: Bid Pattern
MG News | September 12, 2018 at 04:28 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.63.618 Billion.
The SBP received bids worth Rs.27.910 Billion for the 3 month while no bids were made for the 6 and 12 month T-Bills.
If the central bank maintains the 3m cut off yield from the previous auction at 7.75 percent, it will be able to raise Rs.26.410 Billion.
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