SBP raises Rs981bn through floating rate PIBs
MG News | March 26, 2025 at 08:04 PM GMT+05:00
March 26, 2025 (MLN): The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday in which it sold Rs980.51 billion for 2, 5 and 10-year semiannual bonds against a target of Rs450bn.
SBP received bid submissions totaling Rs1.31 trillion across various tenors. However, it rejected all bids for the 2-year PIB-PFL (semiannual), while the cut-off price stood at 96.8291 for the 5-year bond and 92.6071 for the 10-year bond.
The total sum raised represents raised through Rs972bn through competitive bids and Rs8.51bn through non-competitive bids.
To note, the central bank in the last auction held on March 19, 2025, sold PIBs-PFL worth Rs762bn against a target of Rs425bn.
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.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 182,688.43 45.47M | 0.19% 348.05 |
| ALLSHR | 110,105.39 67.73M | 0.23% 257.73 |
| KSE30 | 55,786.40 7.71M | 0.16% 91.12 |
| KMI30 | 257,099.55 8.93M | 0.23% 600.24 |
| KMIALLSHR | 70,796.84 44.61M | 0.30% 212.97 |
| BKTi | 53,110.42 3.11M | -0.19% -100.78 |
| OGTi | 36,740.64 1.22M | 0.36% 129.96 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 69,920.00 | 70,740.00 69,330.00 | -1025.00 -1.44% |
| BRENT CRUDE | 68.94 | 69.07 68.44 | -0.10 -0.14% |
| 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 | 64.22 | 64.50 63.87 | -0.14 -0.22% |
| 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 |
|---|