SBP raises Rs981bn through floating rate PIBs

By MG News | March 26, 2025 at 08:04 PM GMT+05:00

0:00

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	124,379.07 220.31M	1.91% 2332.60
ALLSHR	77,679.82 768.94M	1.80% 1376.61
KSE30	37,915.73 105.69M	1.92% 713.35
KMI30	184,872.78 113.74M	1.90% 3446.47
KMIALLSHR	53,473.19 418.85M	1.75% 921.24
BKTi	31,363.74 21.26M	1.66% 510.82
OGTi	27,886.19 21.80M	1.53% 419.75

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,740.00	108,580.00 107,050.00	-535.00 -0.49%
BRENT CRUDE	66.34	67.31 66.12	-0.35 -0.52%
RICHARDS BAY COAL MONTHLY	96.00	96.00 95.00	1.60 1.69%
ROTTERDAM COAL MONTHLY	105.35	105.35 104.25	-0.05 -0.05%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.07	66.09 64.80	-0.17 -0.26%
SUGAR #11 WORLD	16.69	16.80 16.39	0.27 1.64%