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	168,062.17 222.44M	-0.49% -830.92
ALLSHR	100,418.83 533.18M	-0.47% -469.95
KSE30	51,322.39 95.56M	-0.78% -400.92
KMI30	235,325.12 71.27M	-0.62% -1468.03
KMIALLSHR	64,292.17 192.91M	-0.54% -350.28
BKTi	49,115.42 49.83M	-0.78% -388.38
OGTi	32,316.78 8.08M	-1.33% -436.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%