SBP Sells T-Bills Worth Rs.85.63Bn

    SBP conduct a MTB auction on wednesday in which it sold Rs.85.62Bn in Treasry Bills against a pre-auction target of Rs.150Bn. All Bids for the 12m instrument was rejected, while the cut off yields for the 3M and 6M instruments remained unchanged from the previous auction.

    TenorMaturityBids #Bid AmountBid Range
    Summary of Bids Received
    3M03-Mar-163691,548.006.2591 – 6.4380
    6M09-Jun-162762,900.006.3946 – 6.4800
    12M08-Dec-16614,000.006.4459 – 6.4914
       168,448.00 

    Out of the Above SBP Accepted the following

    TenorCutoff YldW.A YieldRealizedFace Value
    Summary of Result
    3M6.39336.381764,673.1765,623.00
    6M6.39466.394619,382.0020,000.00
    12MBids Rejected
        85,623.00

    In the Non Competitive Auction the SBP sold T-Bills worth Rs.8.50Bn, making the total size of the Auction Rs.94.124Bn.

    Posted on: 2015-12-09T17:46:00+05:00