SBP raises Rs249.81bn in PFL Quarterly Auction

MG News | December 29, 2022 at 12:53 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 29, 2022 (MLN): The State Bank of Pakistan (SBP) has raised Rs249.81 billion in quarterly Pakistan Investment Bonds Floating Rate (PFL) Quarterly Auction on Wednesday by selling fixed-rate PFL, the data revealed by SBP showed.

The cut-off margin for 2-year PFL is 98.98 and for 3-year margin is set at 97.78 respectively.

SBP received bids worth Rs136.25 billion for 2-years, and Rs148.95 billion for 3-years PFL’s.

The SBP accepted Rs110.25 billion for 2-year, and Rs136.70 billion for 3-year.

On the other hand, the government rejected all bids for PFL semiannual Auction which was held on December 28, 2022.

Copyright Mettis Link News

Related News

Key Pakistan Market Stats and Economic Indicators

SBP’s FX Purchases Jump to USD 1.02bn in September

Name	Price/Vol	%Chg/NChg
KSE100	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,470.00	64,470.00 63,875.00	255.00 0.40%
BRENT CRUDE	98.70	101.19 95.13	-1.99 -1.98%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	121.10	121.10 121.10	0.70 0.58%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	90.47	92.83 87.68	-1.72 -1.87%
SUGAR #11 WORLD	14.76	14.79 14.54	0.07 0.48%