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	176,094.12 210.43M	0.31% 546.13
ALLSHR	106,530.89 879.03M	0.30% 313.70
KSE30	52,480.22 54.21M	0.01% 4.71
KMI30	247,198.06 71.10M	0.26% 628.83
KMIALLSHR	68,178.54 320.54M	0.35% 237.08
BKTi	50,319.17 20.32M	-0.21% -103.75
OGTi	34,316.47 3.14M	0.13% 43.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,220.00	63,220.00 63,080.00	90.00 0.14%
BRENT CRUDE	91.04	91.36 84.62	4.16 4.79%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.25 -0.24%
ROTTERDAM COAL MONTHLY	119.90	0.00 0.00	-0.35 -0.29%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.80	86.87 81.06	3.21 3.84%
SUGAR #11 WORLD	14.65	14.78 14.38	0.22 1.52%