SBP raises Rs104.8bn through PIB auction

News Image

MG News | October 02, 2023 at 09:14 PM GMT+05:00

0:00

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
October 14, 2025 at 02:21 PM GMT+05:00

China crosses 150bn delivery mark


October 14, 2025 at 02:20 PM GMT+05:00

Australia’s EV sales surge to over 72,000 units


October 14, 2025 at 02:08 PM GMT+05:00

Gold glitters at all time peak on fed cut hopes


October 14, 2025 at 01:27 PM GMT+05:00

Bank stocks to extend return in double digits


October 14, 2025 at 12:38 PM GMT+05:00

RDA attracts $196m in September



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg