MTB Auction Result: SBP Sells T-Bills Worth Rs.495 Billion

• No Bids for 6 Month & 12 Month
• 3 Month cutoff yields remain unchanged at 5.9910 percent
• Realized Amount around half of Auction Target and Maturing amount.

The SBP conducted a Treasury bill auction on Wednesday in which it sold T-bills worth Rs.495.77 Billion. The SBP had received bids worth Rs.564.655 Billion and for the second successive auction there were no bids for the 6 & 12 month T-Bills. The Auction target was Rs.950 Billion against a maturing amount of Rs.959.526 Billion.