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	168,062.17 222.44M	-0.49% -830.92
ALLSHR	100,418.83 533.18M	-0.47% -469.95
KSE30	51,322.39 95.56M	-0.78% -400.92
KMI30	235,325.12 71.27M	-0.62% -1468.03
KMIALLSHR	64,292.17 192.91M	-0.54% -350.28
BKTi	49,115.42 49.83M	-0.78% -388.38
OGTi	32,316.78 8.08M	-1.33% -436.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%