SBP raises Rs321bn through floating rate PIBs

MG News | April 30, 2025 at 10:10 PM GMT+05:00

0:00

April 30, 2025 (MLN): The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday in which it sold Rs320.66 billion for 5 and 10 years semiannual bonds against a target of Rs150bn.

The cut-off price stood at 96.8667 for 5-year bond, and 93.2123 for the 10-year bond while bids for the 2-year tenor were entirely rejected.

SBP received bids totalling Rs1.537tr.

The total sum raised represents raised through Rs313bn through competitive bids and Rs7.65bn through non-competitive bids.

To note, the central bank in the last auction held on April 16, 2025, sold PIBs-PFL worth Rs260.83bn against a target of Rs400bn.

The cut-off price for the 5-year bond was set at 96.7551, while the 10-year bond was sold at a cut-off price of 92.7458.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	138,788.46 119.75M	0.09% 122.97
ALLSHR	85,570.11 301.22M	-0.15% -129.39
KSE30	42,358.39 44.75M	0.01% 5.26
KMI30	193,876.62 40.82M	-0.67% -1305.42
KMIALLSHR	56,217.88 143.52M	-0.30% -171.27
BKTi	38,243.13 10.00M	-0.47% -179.85
OGTi	27,554.34 3.52M	-0.59% -163.92

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	119,865.00	121,165.00 119,315.00	575.00 0.48%
BRENT CRUDE	69.82	70.30 69.41	0.30 0.43%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	0.95 0.99%
ROTTERDAM COAL MONTHLY	105.00	0.00 0.00	0.20 0.19%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.56	66.98 66.12	0.18 0.27%
SUGAR #11 WORLD	16.86	16.87 16.76	0.12 0.72%