SBP raises around Rs300bn through PIB auction
MG News | May 07, 2025 at 08:22 PM GMT+05:00
May 07, 2025 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Pakistan Investment Bonds (PIBs) worth Rs299.52 billion against the target of Rs300bn.
Cut-off yields stood at 11.79% (-15bps) for 2-year, 11.69% (-19bps) for 3-year, 12.14% (-20bps) for 5-year, and 12.59% (-20bps) for 10-year bond.
Total amount offered was Rs855.27bn, out of which the SBP accepted Rs299.52bn.
The SBP received bids worth Rs157bn for 2-year, Rs279bn for 3-year, Rs203.3bn for 5-year, Rs185.97bn for 10-year, and Rs30bn for 15-year.
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