SBP raises Rs1.74 trillion through T-bills auction

MG News | June 29, 2022 at 11:25 PM GMT+05:00

0:00

June 29, 2022 (MLN): The State Bank of Pakistan (SBP) has raised Rs1.74 trillion through the auction of three, six, and twelve-month T-bills against the target of Rs800bn and maturity of Rs791bn.

In the auction conducted on Wednesday, the cut-off yields for 3-month and 6-month saw a dip of 2 and 15 bps to stand at 15.23% and 14.8% respectively, while 12-months yields remained flat at 14.95%.

The market had offered Rs2.37tr, out of which the government accepted bids amounting to Rs1.74tr.

SBP received bids worth Rs1.9tr for 3-month T-bills, Rs279bn for 6-month, and Rs190bn for 12-month.

The total amount raised for 3-month T-bills was Rs1.73tr, Rs4bn for 6-month, and Rs6bn for 12-month T-bills.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,704.76 562.66M	4.23% 6962.29
ALLSHR	102,482.11 1,196.47M	3.95% 3892.19
KSE30	51,734.35 279.44M	4.53% 2242.85
KMI30	246,406.23 267.53M	4.17% 9855.14
KMIALLSHR	66,517.53 655.25M	3.98% 2547.90
BKTi	47,795.75 95.95M	4.80% 2186.96
OGTi	35,771.39 36.24M	5.10% 1734.94

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,175.00	81,805.00 81,075.00	-560.00 -0.69%
BRENT CRUDE	101.95	102.55 101.13	0.68 0.67%
RICHARDS BAY COAL MONTHLY	110.00	110.00 110.00	-3.85 -3.38%
ROTTERDAM COAL MONTHLY	110.10	110.10 110.10	-0.30 -0.27%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	95.67	96.48 94.83	0.59 0.62%
SUGAR #11 WORLD	14.83	15.35 14.45	-0.54 -3.51%