The Central Bank released the Bid Pattern for today's PIB auction. The Pre-auction target is Rs.50 Billion against a maturing amount of Rs.8.27 Billion. The SBP received bids of Rs.91.687 Billion mostly concentrated in the 3Y issue. There were no bids for the 20 Year Issue.
|Tenor||Maturity||Coupon||Low Yield||High Yield||W.A.Yield||# of Bids||Amount*||Pct of Bids|
* Amount in Rs.Millions, excluding Accrued Interest