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PIB Auction: Bid Pattern (Fixed Rate)

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May 06, 2021 (MLN): The State Bank of Pakistan released the Bid Pattern for the fixed rate PIB Auction being conducted today.

Auction Target is Rs.125 Billion, out of which Rs.40 billion is for 3 Year, Rs.35 Billion for 5 Year, Rs.20 billion is for 10 Year, Rs.15 billion is for 15 Year, Rs.10 Billion is for 20 years while Rs.5 billion are for and 30 Years.

Coupon Rates are 7.00% for 3 year,7.50% for 5 year, 8% for 10 year, 10.50% for 15 year and 11.00% for 20 & 30 years.

3 years will be the re-opening of 20 Aug 2020, 5 years will be re-opening of 15 Oct 20, 10 years will be a re-opening of 10 Dec 20, 15 years will be the re-opening of 16 Apr 2020, 20 years will be the re-opening of 19 Sep 2019 and 30 years will be the re-opening of the Jan 07, 2021 issue.

Auction settlement date is May 07, 2021.

Link to Full Bid Pattern

 

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Posted on: 2021-05-06T16:53:00+05:00

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