PIB Auction Result: SBP Rejects all Bids
MG News | November 28, 2018 at 05:52 PM GMT+05:00
The State Bank of Pakistan rejected all bids in the PIB Auction conducted on Wednesday.
The SBP had received bids worth Rs.13.05 Billion out of which Rs.9.30 Billion was for 3 Years and Rs.3.75 Billion for 5 Years. No bids were made for the 10 and 20 year PIBs.
The Auction Target was Rs.50 Billion.
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