SBP raises Rs304bn through floating rate PIBs

MG News | October 02, 2024 at 08:36 PM GMT+05:00

0:00

October 02, 2024 (MLN): The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday in which it sold Rs304.27 billion of 2, 5, and 10 years semiannual bonds against a target of Rs400bn.

The cut-off price stood at 99.6667 for 2-year PIB-PFL semiannual, 96.8269 for 5-year bond, and 93.5176 for the 10-year bond.

SBP received bids totaling Rs1.15 trillion.

To note, the central bank had opted not to sell any of these bonds in the previous auction held on September 18.

Copyright Mettis Link News

Related News

SBP raises Rs829bn through MTBs, PIB auctions

SBP raises Rs466bn in fixed-rate PIB auction

SBP raises Rs546bn in PIB auction

Name	Price/Vol	%Chg/NChg
KSE100	171,060.84 396.30M	1.12% 1887.46
ALLSHR	102,235.18 1,048.42M	1.09% 1101.43
KSE30	51,981.76 188.72M	1.49% 763.39
KMI30	245,707.33 128.17M	1.41% 3412.81
KMIALLSHR	66,261.90 404.91M	1.34% 875.06
BKTi	48,357.33 127.22M	1.54% 731.44
OGTi	35,859.71 8.64M	1.91% 670.76

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,145.00	79,095.00 77,760.00	-90.00 -0.12%
BRENT CRUDE	106.77	107.48 105.02	1.70 1.62%
RICHARDS BAY COAL MONTHLY	103.25	0.00 0.00	-1.00 -0.96%
ROTTERDAM COAL MONTHLY	102.10	0.00 0.00	-0.70 -0.68%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.08	97.85 95.55	1.23 1.28%
SUGAR #11 WORLD	14.06	14.10 13.87	0.17 1.22%