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PIB Auction: Bid Pattern

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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.64.017 Billion.

The SBP received bids worth Rs.345.107 Billion, out of which Rs.149.295 Billion was for 3 Years, Rs.53.478 Billion for 5 years, Rs.137.333 for 10 years and Rs.5.0 Billion for 20 years.

If the SBP were to maintain its cut off yield from the previous auction, it will be able to raise Rs.216.792 Billion from 3, 5 and 10 years from the competitive auction.

Link to Full Bid Pattern

Posted on: 2019-01-23T15:04:00+05:00

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