SBP raises Rs155bn through PIB auction
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 | 172,161.32 178.33M | 0.44% 759.24 |
| ALLSHR | 104,188.81 599.02M | 0.41% 426.07 |
| KSE30 | 51,240.60 63.92M | 0.47% 242.03 |
| KMI30 | 246,474.78 93.88M | 0.74% 1809.60 |
| KMIALLSHR | 67,603.95 397.68M | 0.47% 313.01 |
| BKTi | 47,610.86 8.86M | 0.28% 131.64 |
| OGTi | 35,292.89 3.56M | 0.41% 143.80 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 86,030.00 | 87,350.00 85,770.00 | -260.00 -0.30% |
| BRENT CRUDE | 99.20 | 100.00 97.91 | -0.05 -0.05% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 6.90 5.61% |
| ROTTERDAM COAL MONTHLY | 137.10 | 137.10 137.10 | -0.15 -0.11% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 89.80 | 90.52 88.71 | -0.72 -0.80% |
| SUGAR #11 WORLD | 18.33 | 18.58 18.26 | -0.23 -1.24% |
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 |
|---|
Disbursement Report of Foreign Economic Assistance