PIB Auction: Bid Pattern

The State Bank of Pakistan released the Bid Pattern for its PIB Auction. Auction Target is Rs.50 Billion against a maturing amount of Rs.510.475 Billion

SBP received bids worth Rs.7.15 Billion for 3 and 5 years, no bids were made for the 10 and 20 year PIBs.

The yields were up sharply compared to the previous auction, almost 100 basis points for 3 years and 70 basis points for 5 years.

Link to Full Bid Pattern

Posted on: 2018-07-11T15:16:00+05:00