PIB Auction Result: SBP Rejects all Bids

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.

Posted on: 2018-11-28T17:52:00+05:00