The State Bank of Pakistan conducted an auction on Wednesday in which it sold Treasury Bills worth Rs. 57.243 Billion for 3 Months.
The Central Bank Rejected all Bids for the 6 Month Treasury while no bids were received for the 12 month issue.
The Pre-auction target was Rs.250 Billion against a maturing amount of Rs.23.208 Billion.
Cut off Yield for the 3 month Auction remained at 6.7596 percent while the weighted average yield went up by 3 basis points to 6.7595 percent.