Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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PIB Auction Result: SBP Sells PIB’s Worth Rs.33.01 Billion

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The SBP conducted an auction on Wednesday in which it sold Pakistan Investment Bonds worth Rs.33.01 Billion for 3, 5 & 10 Years. There were no Bids for the 20 Year PIB.

The SBP sold Rs.7.45 Billion in 3 years, Rs.0.10 Billion and 5 Years and Rs.25.46 in 10 Years. The Cut off Yields for 3 Year was 7.199, 5 year was 8.0305 and 10 Years was 8.50 Percent.

This is the first successful PIB auction since July 2017.

Posted on: 2018-04-18T18:35:00+05:00