SBP raises Rs155bn through PIB auction

By MG News | June 22, 2022 at 11:59 PM GMT+05:00
June 22, 2022 (MLN): The State Bank of Pakistan (SBP) raised Rs155 billion on Wednesday, against the target of Rs150bn by selling fixed-rate Pakistan Investment Bonds (PIBs).
The cut-off yield for 3-year and 5-year PIBs dropped by 3bps and 1bps to 13.97% and 13.18, respectively. On the other hand, the cut-off yield for 10-year witnessed no change as it stood at 13.15%.
Against the auction target of Rs150bn, SBP received total bids of Rs544.55bn.
SBP received bids worth Rs108.78n for 3-years, Rs225.62bn for 5-years, Rs190.39bn for 10-years, and Rs19.77bn for 15-year PIBs. However, no bids were received for 20-year and 30-year bonds.
The SBP accepted Rs8bn, Rs101.23bn, and Rs45.76bn for 3-year, 5-year, and 10-year PIBs, respectively while the central bank rejected the bids for the 15-year bonds.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 130,686.66 280.01M |
0.26% 342.63 |
ALLSHR | 81,305.25 897.01M |
0.35% 281.26 |
KSE30 | 39,945.45 114.02M |
0.09% 37.19 |
KMI30 | 190,698.05 148.61M |
0.61% 1163.05 |
KMIALLSHR | 55,074.15 495.43M |
0.53% 290.50 |
BKTi | 34,568.40 28.73M |
-1.07% -372.33 |
OGTi | 28,739.35 22.59M |
1.57% 443.29 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 110,590.00 | 111,220.00 109,200.00 |
305.00 0.28% |
BRENT CRUDE | 68.60 | 69.14 68.32 |
-0.51 -0.74% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
-0.75 -0.76% |
ROTTERDAM COAL MONTHLY | 108.45 | 109.80 108.45 |
-0.55 -0.50% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.83 | 67.58 66.53 |
-0.62 -0.92% |
SUGAR #11 WORLD | 16.33 | 16.35 15.44 |
0.75 4.81% |
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 |
---|