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	170,713.93 16.32M	0.66% 1113.53
ALLSHR	103,317.47 69.51M	0.61% 631.22
KSE30	50,832.67 9.97M	0.74% 375.69
KMI30	244,931.48 8.46M	0.84% 2031.91
KMIALLSHR	67,009.91 49.48M	0.66% 441.88
BKTi	47,158.10 1.00M	0.58% 273.61
OGTi	34,968.64 1.01M	0.64% 222.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,710.00	84,215.00 83,455.00	-230.00 -0.27%
BRENT CRUDE	96.30	96.86 95.70	-6.29 -6.13%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	-1.30 -1.05%
ROTTERDAM COAL MONTHLY	137.40	137.40 135.80	-0.60 -0.43%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	89.56	89.89 88.58	0.18 0.20%
SUGAR #11 WORLD	18.84	19.02 18.40	0.28 1.51%