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MPS Preview: High for Longer

PIB Auction Bid: Pattern (Floating Rate)

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December 16, 2020 (MLN): SBP released the Bid pattern for today's Auction of Quarterly and Semi-Annual Coupon payment PIB (Floating Rate).

Combined Auction Target is Rs.140.00 Billion for 3, 5 and 10 year Bonds, which will be a fresh issue for the Semi-Annual Coupon bond and a re-opening of the Oct 22, 2020 issue for quarterly coupon bonds while the 2 year PIB is re-opening of Nov 05, 2020 issue.

Semi annual PIB coupon rates are 7.1849 percent for 3, 5 and 10 years.

Quarterly PIB coupon rates are 7.1338 percent for 2 years and 7.1178 percent for 3, 5 and 10 years.

* Link to Full Bid Pattern (Semi Annual)

Link to Full Bid Pattern (Quarterly)

* Not published yet, will be updated when available.

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Posted on: 2020-12-16T17:41:00+05:00

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