SBP plans to raise Rs 3.4 trillion through sale of PIBs and Treasury Bills

MG News | June 01, 2017 at 02:34 PM GMT+05:00

0:00

The State Bank of Pakistan has planned to rise around Rs 3.650 trillion during June to August period through auction of treasury bills and Pakistan Investment Bonds.

The State Bank of Pakistan has released a statement informing that through auction of treasury bills around Rs 3.4 trillion would be raised during the period under review. The central bank would raise the amount through seven auctions starting from June 8 to August 31.

Similarly the central bank plans to sell long term bonds-Pakistan Investment Bonds amounting to Rs 250 billion. Auction of Pakistan Investment Bonds scheduled to be held on June 14, July 28 and August 24 respectively.

The government expects fiscal deficit in the next fiscal year to be around Rs 1479 billion or 4.2 percent of the GDP. During the current fiscal year the government expects fiscal deficit would reach 4.3 percent.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,631.73 408.94M	3.13% 4898.86
ALLSHR	98,254.73 951.34M	2.71% 2590.07
KSE30	49,377.29 213.50M	3.40% 1624.91
KMI30	232,700.28 121.13M	2.88% 6525.03
KMIALLSHR	64,179.60 399.93M	2.39% 1496.52
BKTi	46,334.17 105.09M	5.56% 2441.42
OGTi	31,362.73 10.58M	1.56% 482.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,880.00	111,630.00 107,835.00	2925.00 2.73%
BRENT CRUDE	64.58	65.15 63.81	0.21 0.33%
RICHARDS BAY COAL MONTHLY	86.00	86.00 86.00	-1.90 -2.16%
ROTTERDAM COAL MONTHLY	96.50	99.00 96.50	-2.70 -2.72%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.88	61.38 59.99	0.31 0.51%
SUGAR #11 WORLD	14.42	14.49 14.20	0.14 0.98%