SBP raises Rs104.8bn through PIB auction
MG News | October 02, 2023 at 09:14 PM GMT+05:00
October 02, 2023 (MLN): The State Bank of Pakistan (SBP) raised Rs104.82 billion against a target of Rs160bn through the sale of fixed-rate Pakistan Investment Bonds (PIBs).
The central bank picked up Rs98.1bn for 3 years, Rs2.8bn for 5 years, and Rs1.26bn for 10 years.
While no bids were received for the 15, 20, and 30-year PIB.
The cut-off yield was 19.19%, 16.95%, and 15.25% for 3, 5, and 10 years, respectively.
When compared to the last auction held on September 18, the yield for the 3-year PIB fell by 15.49bps, while the yields for the 5-year PIB and the 10-year PIB remained unchanged.
In addition to this, SBP picked up Rs2.69bn from non-competitive bids, taking the total amount raised to Rs104.8bn.
To note, in the last PIB auction held on September 18, SBP raised only Rs3.66bn against a target of Rs160bn, and the cutt-off yield was 19.3449%, 16.95%, and 15.25% for 3, 5, and 10 year, respectively.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 164,024.97 410.21M | 3.52% 5581.55 |
| ALLSHR | 99,527.57 826.68M | 3.15% 3041.57 |
| KSE30 | 50,558.73 173.78M | 3.73% 1818.47 |
| KMI30 | 240,293.53 112.62M | 4.43% 10183.07 |
| KMIALLSHR | 65,916.29 419.49M | 3.56% 2268.25 |
| BKTi | 46,098.78 71.44M | 3.46% 1540.76 |
| OGTi | 32,201.54 15.41M | 4.20% 1298.15 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 112,155.00 | 116,385.00 111,810.00 | -4225.00 -3.63% |
| BRENT CRUDE | 62.14 | 63.63 61.81 | -1.18 -1.86% |
| RICHARDS BAY COAL MONTHLY | 81.00 | 0.00 0.00 | -0.50 -0.61% |
| ROTTERDAM COAL MONTHLY | 89.30 | 0.00 0.00 | 0.20 0.22% |
| USD RBD PALM OLEIN | 1,085.00 | 1,085.00 1,085.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 58.38 | 59.82 58.08 | -1.11 -1.87% |
| SUGAR #11 WORLD | 15.48 | 15.60 15.39 | -0.13 -0.83% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|