PIB Auction Result: SBP Rejects all Bids

MG News | July 11, 2018 at 05:32 PM GMT+05:00
The State Bank of Pakistan has rejected all Bids for PIBs in todays auction. Earlier, the SBP had received bids worth Rs.7.15 Billion for 3 and 5 years, no bids were made for the 10 and 20 year PIBs.
The Auction target was Rs.50 Billion against a maturing amount of Rs.510.475 Billion.
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