SBP accepts Rs156bn in PFL buyback auction

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MG News | March 19, 2025 at 08:02 PM GMT+05:00

March 19, 2025 (MLN): The State Bank of Pakistan (SBP) has accepted Rs156.39 billion through its buyback auction today, for 2-year, 3-year, and 5-year Floating Rate Pakistan Investment Bonds (PFL), with a settlement date of March 20, 2025.

Out of the total Rs416.21bn worth of bids received, only Rs156.39bn were accepted across 2-year tenor at a cut-off price of 99.9491 while all 3-year 5-year bids were rejected.

In its previous buyback auction, the SBP accepted Rs117.1bn for 2-year, 3-year, and 5-year PFL. 

Out of the total Rs334.23bn worth of bids received, Rs117.1bn were accepted across 2-year and 3-year tenors, while all 5-year bids were rejected. 

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