Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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MTB Auction Result: SBP Sells T-Bills Worth Rs.357.20 Billion

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The State Bank of Pakistan conducted an auction on wednesday, in which it sold treasury bills worth Rs.357.201 Billion for 3 months. The Cut off Yield remained unchanged at 6.7596%

The auction target was Rs.1,500 Billion against a maturing amount of Rs.1,928.891 Billion. The SBP received no bids for the 6 and 12 month T-Bills.

The SBP received bids worth Rs.497.289 Billion for the 3 month treasury bill, out of which it accepted Rs.336.289 Billion. The non competitive bids worth Rs. 20.911 Billion were also accepted making the total size of the auction Rs.357.201 Billion.

 

 

 

Posted on: 2018-07-04T17:51:00+05:00

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