SBP raises Rs431bn through PIB auction

MG News | February 19, 2025 at 09:14 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 19, 2025 (MLN): The State Bank of Pakistan (SBP) auctioned floating-rate Pakistan Investment Bonds on Wednesday, raising Rs431.3 billion through 5-year and 10-year semiannual bonds against a target of Rs350 billion.

However, bids for the 2-year semiannual bonds were rejected.

The cut-off price stood at 96.7713 for 5-year bond, and 92.9053 for a 10-year bond.

SBP received bids totalling Rs914.35bn.

The total sum raised represents raised through Rs427.26bn through competitive bids and Rs4.04bn through non-competitive bids.

To note, the central bank in the last auction held on February 04, 2025, sold almost Rs651 billion for 2, 5 and 10 years semiannual bonds against a target of Rs350bn.

The cut-off price stood at 100.1417 for 2-year PIB-PFL semiannual, 96.7267 for 5-year bond, and 92.8944 for the 10-year bond.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,765.22 212.46M	0.16% 266.28
ALLSHR	103,241.06 481.66M	0.13% 137.96
KSE30	50,813.89 65.25M	0.15% 74.20
KMI30	244,391.30 71.96M	0.08% 186.13
KMIALLSHR	66,928.26 309.74M	0.08% 55.24
BKTi	47,274.31 12.11M	0.30% 141.41
OGTi	35,009.43 4.22M	0.13% 46.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,255.00	85,405.00 84,120.00	835.00 0.99%
BRENT CRUDE	104.38	106.59 103.11	-2.22 -2.08%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	-0.55 -0.45%
ROTTERDAM COAL MONTHLY	136.55	137.10 133.60	0.65 0.48%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	92.44	94.75 91.51	-2.17 -2.29%
SUGAR #11 WORLD	18.54	18.75 18.43	-0.07 -0.38%