State Bank of Pakistan has set an auction target of Rs 3.8 trillion for treasury bills and Pakistan Investment Bonds for the three months starting October.
The central bank plans to mop up as much as Rs 3.6 trillion from the sale of treasury bills having tenor of three months, six months and one year. The bank to mop up the amount through six auctions, having target of Rs 550 billion to Rs 650 billion.
T – Bill Auction Schedule
| Auction Date |
Settlement Date |
Maturing Amount |
Additional Requirement |
Targets (Rounded Off) |
|
|
|
786,427 |
(136,427) |
650,000 |
|
|
|
699,981 |
(49,981) |
650,000 |
|
|
|
614,715 |
35,285 |
650,000 |
|
|
|
527,581 |
22,419 |
550,000 |
|
|
|
484,833 |
65,167 |
550,000 |
|
|
|
491,425 |
58,575 |
550,000 |
| |
|
3,604,961 |
(4,961) |
3,600,000 |
The bank plans to sell long term-Pakistan Investment Bonds amounting to Rs 200 billion from three auctions, one in each month.
PIB Auction Schedule
| Auction Data |
3 – Year |
5 – Year |
10 – Year |
20 – Year |
Total |
| 18 Oct, 17 |
30,000 |
30,000 |
30,000 |
10,000 |
100,000 |
| 15 Oct, 17 |
15,000 |
15,000 |
15,000 |
5,000 |
50,000 |
| 13 Dec, 17 |
15,000 |
15,000 |
15,000 |
5,000 |
50,000 |
Posted on: 2017-10-04T17:37:00+05:00
