SBP raises Rs730 billion through T-bills auction

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

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	167,085.58 225.68M	0.48% 802.03
ALLSHR	101,220.72 685.91M	0.47% 477.65
KSE30	50,772.02 134.57M	0.57% 290.16
KMI30	239,923.35 145.03M	0.77% 1831.31
KMIALLSHR	66,042.80 345.76M	0.65% 425.34
BKTi	45,106.39 29.18M	0.06% 24.91
OGTi	33,583.05 26.44M	1.52% 502.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,425.00	92,995.00 88,405.00	-3415.00 -3.68%
BRENT CRUDE	63.86	64.09 63.06	0.60 0.95%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	97.25	97.25 97.25	0.05 0.05%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	60.14	60.50 59.42	0.47 0.79%
SUGAR #11 WORLD	14.82	15.02 14.73	-0.06 -0.40%