PIB Auction: SBP sells floating rate PIBs worth Rs.124.55 billion

News Image

By MG News | June 17, 2020 at 07:15 PM GMT+05:00

0:00

June 17, 2020 (MLN): The State Bank of Pakistan conducted an auction on Wednesday in which it sold floating rate PIBs worth Rs.124.552 bill for 3, 5 and 10 years.

The Central Bank received bids worth Rs.164.10 billion against an auction target of Rs.150 billion.

The SBP received bids worth Rs.84.10 billion for 3 year, Rs.48.50 billion for 5 years and Rs.31.50 billion for 10 years out of which the SBP accepted Rs. 60.30 billion, Rs.34.50 billion and Rs.29.50 billion.

The SBP picked up Rs.252 million in non-competitive bids making the total accepted amount 124.552 billion.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 128,199.43
336.91M
2.05%
2572.11
ALLSHR 79,787.62
1,023.63M
1.53%
1202.91
KSE30 39,105.00
121.90M
2.49%
951.21
KMI30 186,915.61
131.16M
1.10%
2029.11
KMIALLSHR 54,201.88
553.60M
0.81%
438.07
BKTi 33,476.68
51.49M
4.87%
1555.00
OGTi 27,962.58
9.77M
0.68%
188.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 106,000.00 106,200.00
105,440.00
250.00
0.24%
BRENT CRUDE 67.20 67.29
67.05
0.09
0.13%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 103.80
103.80
-3.45
-3.22%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.52 65.65
65.34
0.07
0.11%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%

Chart of the Day


Latest News
July 02, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 01, 2025 at 10:04 PM GMT+05:00

Pakistan’s trade deficit improves by over 9% in June


July 01, 2025 at 05:24 PM GMT+05:00

Gold price in Pakistan rises Rs6,600 per tola



Top 5 things to watch in this week

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