SBP raises Rs762bn through floating rate PIBs
MG News | March 19, 2025 at 07:53 PM GMT+05:00
March 19, 2025 (MLN): The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday in which it sold Rs762.33 billion for 2, 5 and 10 years semiannual bonds against a target of Rs425bn.
SBP received bid submissions totaling Rs1.32 trillion across various tenors. However, it rejected all bids for the 2-year PIB-PFL (semiannual), while the cut-off prices for the accepted tenors stood at 97.0481 for the 5-year bond and 92.8064 for the 10-year bond.
The total sum raised represents raised through Rs752bn through competitive bids and Rs10.33bn through non-competitive bids.
To note, the central bank in the last auction held on March 05, 2025, sold PIBs-PFL worth Rs629.26bn against a target of Rs325bn.
The cut-off price stood at 96.9755 for a 5-year bond, and 93.1094 for the 10-year bond.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 182,857.44 157.02M | 0.28% 517.06 |
| ALLSHR | 110,030.28 254.99M | 0.17% 182.61 |
| KSE30 | 55,858.77 21.14M | 0.29% 163.49 |
| KMI30 | 257,767.08 68.20M | 0.49% 1267.77 |
| KMIALLSHR | 70,767.31 159.53M | 0.26% 183.44 |
| BKTi | 53,009.93 8.20M | -0.38% -201.28 |
| OGTi | 36,726.59 2.95M | 0.32% 115.91 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 69,560.00 | 70,740.00 69,330.00 | -1385.00 -1.95% |
| BRENT CRUDE | 68.85 | 69.07 68.44 | -0.19 -0.28% |
| RICHARDS BAY COAL MONTHLY | 96.00 | 0.00 0.00 | 0.60 0.63% |
| ROTTERDAM COAL MONTHLY | 102.25 | 102.25 101.45 | -0.60 -0.58% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 64.10 | 64.50 63.87 | -0.26 -0.40% |
| SUGAR #11 WORLD | 14.31 | 14.53 14.15 | 0.20 1.42% |
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 |
|---|