SBP raises Rs732.5bn through floating rate PIBs
MG News | December 24, 2024 at 08:20 PM GMT+05:00
December 24, 2024 (MLN): The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Tuesday in which it sold Rs732.53 billion for 2, 5 and 10 years semiannual bonds against a target of Rs650bn.
The cut-off price stood at 96.6491 for 5-year bond, and 92.3971 for the 10-year bond.
The total sum raised represents raised through Rs723.01bn through competitive bids and Rs9.52bn through non-competitive bids.
To note, the central bank in the last auction held on December 11, 2024, sold PIBs-PFL worth Rs788.14bn against a target of Rs700bn.
The cut-off price stood at 96.6861 for 5-year bond, and 92.4045 for the 10-year bond, while bids were rejected for 2-year bonds.
Copyright Mettis Link News
Related News
_20260101112329999_0153db_20260209062258909_9180ec.webp?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 173,962.82 313.69M | 1.30% 2237.52 |
| ALLSHR | 104,178.62 550.40M | 0.93% 964.13 |
| KSE30 | 52,166.33 164.58M | 1.26% 649.19 |
| KMI30 | 250,496.48 141.11M | 1.59% 3930.77 |
| KMIALLSHR | 67,844.06 318.73M | 1.20% 801.29 |
| BKTi | 47,430.11 44.68M | 0.28% 130.40 |
| OGTi | 36,386.96 9.01M | 0.13% 45.59 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 74,260.00 | 74,260.00 73,715.00 | 545.00 0.74% |
| BRENT CRUDE | 91.89 | 92.95 89.93 | -0.81 -0.87% |
| RICHARDS BAY COAL MONTHLY | 117.00 | 0.00 0.00 | -0.75 -0.64% |
| ROTTERDAM COAL MONTHLY | 130.25 | 131.75 130.00 | -0.20 -0.15% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 87.76 | 89.02 86.35 | -1.14 -1.28% |
| SUGAR #11 WORLD | 14.07 | 14.35 13.90 | 0.14 1.01% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|