SBP raises Rs981bn through floating rate PIBs
By 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 | 122,143.57 238.19M |
-1.57% -1949.56 |
| ALLSHR | 76,055.22 966.52M |
-1.36% -1051.07 |
| KSE30 | 36,883.30 115.66M |
-1.74% -653.39 |
| KMI30 | 180,397.18 129.11M |
-2.16% -3973.50 |
| KMIALLSHR | 52,092.45 393.86M |
-1.73% -918.69 |
| BKTi | 29,957.41 15.86M |
-1.36% -411.82 |
| OGTi | 27,188.26 11.39M |
-1.70% -471.10 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 105,715.00 | 106,630.00 103,010.00 |
-1380.00 -1.29% |
| BRENT CRUDE | 75.18 | 78.50 70.41 |
5.82 8.39% |
| RICHARDS BAY COAL MONTHLY | 88.00 | 0.00 0.00 |
-2.00 -2.22% |
| ROTTERDAM COAL MONTHLY | 103.60 | 103.60 103.50 |
1.00 0.97% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 73.18 | 77.62 68.49 |
5.14 7.55% |
| SUGAR #11 WORLD | 16.08 | 16.50 16.07 |
-0.19 -1.17% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Auto Numbers
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|