SBP raises Rs629bn through PIB auction

MG News | March 05, 2025 at 08:03 PM GMT+05:00

0:00

March 05, 2025 (MLN): The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday in which it sold Rs629.26 billion for 2, 5 and 10 years semiannual bonds against a target of Rs325bn.

The cut-off price stood at 0 for the 2-year PIB-PFL semiannual, 96.9755 for a 5-year bond, and 93.1094 for the 10-year bond.

SBP received bids amounting to Rs970bn.

The total sum raised represents raised through Rs620bn through competitive bids and Rs9.26bn through non-competitive bids.

To note, the central bank in the last auction held on February 19, 2025, sold PIBs-PFL worth Rs431.3bn against a target of Rs350bn.

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

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,741.35 410.45M	0.52% 876.82
ALLSHR	103,176.20 904.54M	0.44% 451.08
KSE30	51,932.10 160.24M	0.51% 261.68
KMI30	245,585.80 136.41M	0.55% 1354.98
KMIALLSHR	67,531.86 525.58M	0.58% 390.03
BKTi	45,672.13 42.39M	0.35% 160.88
OGTi	34,337.06 26.90M	1.63% 550.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,050.00	86,580.00 86,050.00	65.00 0.08%
BRENT CRUDE	60.36	61.50 60.13	-0.76 -1.24%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.15 1.28%
ROTTERDAM COAL MONTHLY	95.75	96.50 95.75	-0.95 -0.98%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	56.66	56.70 56.57	-0.16 -0.28%
SUGAR #11 WORLD	14.93	15.13 14.78	-0.17 -1.13%