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MTB Auction Result: SBP Sells T-Bills Worth Rs.590.93 Billion

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January 2, 2019 (MLN): The SBP conducted an auction on Wednesday in which it sold T-Bills worth Rs.590.93 Billion for three months.

Auction Target was Rs.2,500 Billion against a maturing amount of Rs.2,720.427 Billion.

No bids were made for 6 and 13 months.

SBP received bids worth Rs.598.465 Billion for 3 months out of which SBP accepted Rs.571.274 Billion at 10.3013 percent.

SBP also picked up Rs.19.656 Billion in non competitive bids, making the total amount accepted Rs.590.93 Billion.

 

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Posted on: 2019-01-02T18:38:00+05:00

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