MTB Auction Result:SBP sells T-Bills worth Rs.9.728 Billion

MG News | September 26, 2018 at 05:52 PM GMT+05:00

0:00

SBP Conducted an auction on Wednesday in which it sold T-Bills worth Rs. 9.728 Billion for 3 months.

No bids were made for 6 & 12 months.

Auction Target was Rs.350 Billion against a maturing amount of Rs.361.054 Billion.

The competitive bids for the 3 month T-Bill amounted to Rs.1.250 Billion out of which SBP accepted Rs.750 Million keeping the Cut off Yield unchanged at 7.75 percent.

The non-competitive bids fetched another 8.978 Billion making the total size of the auction Rs.9.728 Billion.

The lack of participation was due to the upcoming Monetary Policy decision by the SBP and the market expectation of the policy rate being raised by 50 to 100 basis points.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,220.00	109,470.00 103,745.00	-1225.00 -1.13%
BRENT CRUDE	61.34	61.47 60.14	0.28 0.46%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.20	93.50 93.20	0.05 0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.25	57.32 56.15	0.26 0.46%
SUGAR #11 WORLD	15.53	15.88 15.45	-0.27 -1.71%