MTB & PIB FRR Auction: Bid Pattern
MG News | July 15, 2020 at 04:36 PM GMT+05:00
July 15, 2020 (MLN): The State Bank of Pakistan released the Bid Pattern for today's MTB Auction.
Auction target is Rs.100.00 billion against a maturing amount of Rs.332.40 billion, showing a net retirement of Rs.232.40 Billion.
In the previous auction cut off yield for 3, 6 and 12 months was 6.8488, 6.6599 and 6.85 percent.
SBP also released the Bid pattern for today's PIB (Floating Rate) Auction.
Auction Target is Rs.120.00 Billion for 3, 5 and 10 year Bonds, which will be the re-opening of June 18, 2020 issue.
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