SBP raises Rs629bn through PIB auction

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

Add Mettisglobal as a Trusted Source on Google

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	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,875.00	84,320.00 82,645.00	1405.00 1.70%
BRENT CRUDE	104.54	105.09 102.33	0.26 0.25%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.66	0.00 0.00	-0.19 -0.21%
SUGAR #11 WORLD	20.27	20.44 20.09	0.12 0.60%