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

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PIB Auction Result: SBP Sells PIBS worth Rs.4.688 Billion

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The State Bank of Pakistan conducted a PIB auction on Wednesday in which it sold Rs. 4.668 Billion for 5 Years.

Bids for 3 and 10 year PIBs were rejected while no bids were made for the 20 year PIB. The cut off yield for the 5 year PIB remained unchanged at 9.25 percent.

The auction target was Rs.50 billion against a maturing amount of Rs.23.786 Billion.

Posted on: 2018-09-05T17:45:00+05:00

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