SBP raises Rs126.3bn through floating rate PIBs

MG News | January 22, 2025 at 09:59 PM GMT+05:00

0:00

January 22, 2025 (MLN): The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday in which it sold Rs126.3 billion for 2, 5 and 10 years semiannual bonds against a target of Rs150bn.

The cut-off price stood at 100.227 for 2-year PIB-PFL semiannual, 96.7191 for 5-year bond, and 92.8919 for the 10-year bond.

SBP received bids totalling Rs524.15bn.

The total sum raised represents raised through Rs118.5bn through competitive bids and Rs7.8bn through non-competitive bids.

Copyright Mettis Link News

Related News

Pakistan targets $1bn AI economy with nationwide digital push

SECP opens door to Shariah-compliant digital financing

PM begins Saudi Arabia, Qatar, Türkiye visit

Name	Price/Vol	%Chg/NChg
KSE100	168,519.94 600.69M	1.74% 2885.10
ALLSHR	100,327.69 1,191.02M	1.66% 1641.75
KSE30	50,918.37 289.83M	1.86% 931.27
KMI30	243,647.50 248.34M	1.65% 3960.26
KMIALLSHR	65,555.37 626.03M	1.47% 951.47
BKTi	46,361.54 106.78M	2.02% 916.94
OGTi	34,376.44 15.73M	1.21% 412.53

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,065.00	74,900.00 73,420.00	-335.00 -0.45%
BRENT CRUDE	95.59	96.90 93.93	0.80 0.84%
RICHARDS BAY COAL MONTHLY	103.25	103.25 103.25	-0.60 -0.58%
ROTTERDAM COAL MONTHLY	103.50	103.50 103.50	-0.50 -0.48%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	92.19	93.30 86.96	0.91 1.00%
SUGAR #11 WORLD	13.56	14.03 13.51	-0.32 -2.31%