SBP raises Rs431bn through PIB auction
MG News | February 19, 2025 at 09:14 PM GMT+05:00
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 | 170,334.68 119.68M | 1.48% 2490.44 |
| ALLSHR | 102,627.91 238.65M | 1.42% 1437.44 |
| KSE30 | 51,075.07 60.83M | 1.52% 767.06 |
| KMI30 | 244,482.70 46.89M | 1.43% 3441.53 |
| KMIALLSHR | 66,695.70 129.90M | 1.41% 926.79 |
| BKTi | 46,765.92 21.72M | 1.88% 860.75 |
| OGTi | 36,197.85 4.85M | 1.80% 639.92 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,395.00 | 77,655.00 76,105.00 | 1620.00 2.14% |
| BRENT CRUDE | 98.44 | 100.73 97.10 | -5.10 -4.93% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -8.75 -7.37% |
| ROTTERDAM COAL MONTHLY | 113.00 | 0.00 0.00 | 0.30 0.27% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 91.32 | 93.90 90.32 | -5.28 -5.47% |
| SUGAR #11 WORLD | 14.68 | 14.91 14.59 | -0.22 -1.48% |
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 |
|---|