The Central Bank sold treasury bills worth Rs.25.90 Billion against a pre-auction target of Rs.125 Billion. The T-Bill Auction had very low participation and Cut off yields declined slightly. After being rejected for 2 straight auctions, Bids worth Rs.1 Billion for 12M paper were accepted.
| Tenor | Maturity | Bids # | Bid Amount | Bid Range |
|---|---|---|---|---|
| 3M | 17-Mar-16 | 15 | 60,653.00 | 6.3374 – 6.4313 |
| 6M | 23-Jun-16 | 11 | 62,800.00 | 6.3637 – 6.4510 |
| 12M | 22-Dec-16 | 4 | 17,500.00 | 6.3914 – 6.4831 |
| 140,953.00 |
Out of the Above, the SBP Accepted the following
| Tenor | Cutoff Yld | W.A Yield | Realized | Face Value |
|---|---|---|---|---|
| 3M | 6.3374 | 6.3374 | 6,904.10 | 7,000.00 |
| 6M | 6.3637 | 6.3637 | 17,361.21 | 17,900.00 |
| 12M | 6.3914 | 6.3914 | 940.70 | 1,000.00 |
| 25,900.00 |
| 23-Dec-15 | 09-Dec-15 | Change | |
|---|---|---|---|
| 3M | 6.3374 | 6.3933 | -0.0559 |
| 6M | 6.3637 | 6.3946 | -0.0309 |
| 12M | 6.3914 | Bids Rejected | – |
Posted on: 2015-12-23T19:02:00+05:00
