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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PIB Auction: Bid Pattern

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March 4, 2020 (MLN): The State Bank of Pakistan (SBP) released the Bidding pattern for today’s Pakistan Investment Bonds (PIB) auction.

The State Bank is conducting an auction for fixed and floating rate PIBS with a combined auction target of Rs.150 billion out of which 100 billion is for fixed rate bonds while 50 billion is for floating rate bonds.

The maturing amount is Rs.389.03 billion, which shows a net retirement of Rs.239.03 billion by the government.
 
Link to Full Bid Pattern (Fixed)

Link to Full Bid Pattern (Floating)

 

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Posted on: 2020-03-04T17:12:00+05:00

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