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

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SBP Announces Auction Schedule for Q1 2016

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The Central Bank announced it's MTB, PIB and GIS Auction Schedule for the first quarter of 2016. The combined pre-auction target is for Rs.1,900.00 Billion

Instrument # of Auctions Pre-Auction Target *
Summary of Auction Schedule
Treasury Bills 7 1,600,000
Pakistan Investment Bonds 3 200,000
GOP Ijara Sukuk 1 100,000
Total   1,900,000

* (Rs in millions)

The PIB auction will be re-opening of the 26 Mar 2015 issue.

Tenor Coupon Rate
Bond Info
3Y 8.75
5Y 9.25
10Y 9.75
20Y 10.75


The Gop Ijara Sukuk will be a 3 Year Instrument and it's rental rate will be determined one day prior to settlement date.

Posted on: 2016-01-01T14:20:00+05:00