PIB Auction – SBP Sells Bonds worth 94Bn against target of 50Bn

News Image

MG News | October 07, 2015 at 07:30 PM GMT+05:00

0:00

The State Bank conducted an auction on Oct 07, 2015 in which it sold bonds worth 94 Bn against a pre-auction target of 50 bn. This was the first auction since the policy rate cut and yields were marginally lower compared to the previous auction of Sept 09, 2015.

The highest concentration of bids was for the 5Y Bond, followed by the 3Y and 10Y bonds while the 20Y Bond received no bids.

Below is the summary of the auction

Tenor Bid Amount % of Total Bids Amount Accepted % of Total Accepted Cut Off Yield
3Y 88,572.00 44.93% 39,982.00 42.50% 7.1967
5Y 103,075.00 52.29% 53,600.00 56.97% 8.1805
10Y 5,492.80 2.79% 500 0.53% 9.2299
20Y 0        
Total 197,139.80   94,082.00    

*Bid & Accepted Face Value  in Millions

Cut Off Yields Fall

Yield Comparison to Previous Auction

Tenor Oct 07, 2015 Sep 09, 2015 Change
3Y 7.1967 7.3536 -0.1569
5Y 8.1805 8.3338 -0.1533
10Y 9.2299 9.3406 -0.1107
20Y - - -

The 20Y Bond has not received any bids in the last 9 Auctions.

The Next PIB Auction is scheduled for Nov, 18 2015

Related News

Name Price/Vol %Chg/NChg
KSE100 157,953.47
555.47M
1.14%
1775.65
ALLSHR 96,741.22
1,957.60M
1.16%
1110.83
KSE30 48,198.94
249.79M
1.09%
520.47
KMI30 232,694.17
290.89M
1.31%
3011.94
KMIALLSHR 65,027.13
1,019.78M
1.03%
660.37
BKTi 42,489.56
84.10M
1.35%
566.75
OGTi 31,779.36
15.21M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,910.00 118,295.00
116,115.00
2085.00
1.80%
BRENT CRUDE 67.48 68.42
67.34
-0.47
-0.69%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.00 94.50
94.00
0.45
0.48%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.30 64.20
63.11
-0.40
-0.63%
SUGAR #11 WORLD 16.08 16.27
15.89
-0.19
-1.17%

Chart of the Day


Latest News
September 18, 2025 at 07:00 PM GMT+05:00

Pakistan's Forex Reserves Increase by USD 54.80 Million


September 18, 2025 at 05:59 PM GMT+05:00

Textile exports drop to $1.4bn in August


September 18, 2025 at 05:45 PM GMT+05:00

U. S. A. leads as top export destination for Pakistan in August


September 18, 2025 at 05:40 PM GMT+05:00

Pakistan's Power sector attracts net FDI of 86.5m in August



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg