MTB Auction: SBP Sells T-Bills Worth Rs.254 Billion

MG News | January 06, 2016 at 06:09 PM GMT+05:00

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The Central Bank conducted an auction on wednesday in which it sold Treasury Bill worth Rs.254.035 Billion against a pre-auction target of Rs.250 Billion. Out of the 254 Billion Rs.11.075 Billion was from the Non Competitive Auction. The SBP had received bids for Rs.536 Billion with the largest concentration in the 12 month instrument followed by 6 Month and 3 Month instruments.

Summary of Bids
Tenor	Maturity	Bids #	Bid Amount	Bid Range
3M	31-Mar-16	49	119,333.00	6.3038 - 6.4380
6M	07-Jul-16	62	191,300.00	6.2452 - 6.4159
12M	05-Jan-17	61	225,540.00	6.2532 - 6.4573
			536,173.00

Auction Result
Tenor	Cutoff Yld	W.A Yield	Realized	Face Value
3M	6.3038	6.3038	71,384.39	72,420.00
6M	6.3092	6.2825	113,446.15	117,000.00
12M	6.3098	6.2777	50,385.63	53,540.00
				242,960.00

Change in Cut Off Yields
Tenor	06-Jan-16	23-Dec-15	Change
3M	6.3038	6.3374	-0.0336
6M	6.3092	6.3637	-0.0545
1Y	6.3098	6.3914	-0.0816

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Name	Price/Vol	%Chg/NChg
KSE100	169,427.44 163.01M	-0.53% -903.12
ALLSHR	102,450.94 789.83M	-0.32% -325.06
KSE30	50,457.84 73.20M	-0.55% -279.32
KMI30	242,092.83 66.46M	-0.46% -1110.02
KMIALLSHR	66,542.58 386.25M	-0.11% -71.63
BKTi	45,970.73 25.03M	-0.74% -342.45
OGTi	34,855.07 3.01M	-0.60% -211.72

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,870.00	61,905.00 60,985.00	-160.00 -0.26%
BRENT CRUDE	94.52	94.80 90.77	3.07 3.36%
RICHARDS BAY COAL MONTHLY	123.00	123.00 123.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	134.25	134.30 132.00	1.30 0.98%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	91.85	91.87 87.39	3.65 4.14%
SUGAR #11 WORLD	13.91	14.10 13.86	-0.17 -1.21%