MTB Auction Result: SBP Sells T-Bills worth Rs. 50.509 Billion

MG News | August 29, 2018 at 04:51 PM GMT+05:00

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SBP conducted a MTB auction on Wednesday in which it sold T-Bills worth Rs.50.509 billion for 3 months. Cut off yield remained unchanged at 7.75%

Earlier, the SBP had received bids worth Rs.33.282 Billion for the 3 Month MTB.

SBP received no bids for the 6 and 12 month instrument signaling market’s reluctance to invest for longer terms with the expectation of further interest rate hikes.

The auction target was Rs.1,300 Billion against a maturing amount of Rs.1,332.525 Billion.

The SBP accepted Rs.31.282 Billion from the competitive bids and Rs. 19.227 billion from the non-competitive bids making the total accepted amount Rs.50.509 Billion.

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Name	Price/Vol	%Chg/NChg
KSE100	185,098.83 381.92M	2.01% 3642.50
ALLSHR	111,509.35 956.25M	2.13% 2327.02
KSE30	56,737.75 167.91M	2.00% 1112.07
KMI30	260,872.72 165.83M	2.57% 6529.72
KMIALLSHR	71,488.31 461.39M	2.50% 1744.73
BKTi	53,691.60 50.03M	1.27% 672.83
OGTi	38,672.45 45.54M	4.90% 1805.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	92,710.00	95,600.00 92,040.00	-2955.00 -3.09%
BRENT CRUDE	63.99	64.12 63.50	-0.14 -0.22%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-1.95 -2.20%
ROTTERDAM COAL MONTHLY	97.90	98.10 97.70	0.55 0.57%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.19	59.33 58.60	-0.15 -0.25%
SUGAR #11 WORLD	14.99	15.00 14.60	0.42 2.88%