SBP raises Rs730 billion through T-bills auction

MG News | January 12, 2022 at 11:33 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 12, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs730 billion for 3, 6 and 12 months.

The auction target was Rs650 billion.

The Cut off yield for 3, 6 and 12 months were 10.45%, 11.37%, and 11.49%, down by 14bps, 8bps and 2bps respectively.

The total bids received was Rs1,942 billion. Out of the total bids, majority of bids worth Rs1,167 billion were received for 3 months, while Rs647 billion and Rs129 billion were received for 6 months and 12 months respectively.

In addition, the SBP picked up Rs662.26 billion from the competitive auction and Rs67.78 billion from non-competitive bids, making the total amount accepted Rs730.04 billion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,922.76 458.03M	-1.36% -2475.46
ALLSHR	107,850.27 1,038.22M	-1.24% -1356.82
KSE30	53,308.95 263.66M	-1.46% -789.54
KMI30	255,193.17 241.09M	-1.46% -3789.62
KMIALLSHR	69,955.81 579.69M	-1.31% -930.18
BKTi	48,839.93 52.13M	-1.20% -593.67
OGTi	36,450.04 22.36M	-1.87% -693.83

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,655.00	63,655.00 62,315.00	710.00 1.13%
BRENT CRUDE	80.38	80.81 78.77	0.53 0.66%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	-0.25 -0.22%
ROTTERDAM COAL MONTHLY	125.50	0.00 0.00	1.20 0.97%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	76.54	76.78 74.98	0.69 0.91%
SUGAR #11 WORLD	14.14	14.50 14.10	-0.23 -1.60%