SBP sets auction target of Rs.4.155 trillion for next three months

MG News | December 01, 2020 at 11:10 AM GMT+05:00

0:00

December 1, 2020 (MLN): The State Bank of Pakistan (SBP) announced the auction calendar for Dec - Feb 2021 in which it plans to raise Rs.4.155 trillion through the sale of Government Securities.

The amount maturing during the next three months is Rs.3.45 trillion showing a net borrowing by the government of Rs.705 billion.

The SBP plans to auction Rs.2.80 trillion in short term Market Treasury Bills (MTB), Rs.375 billion in Fixed Rate Pakistan Investment Bonds (PIBs), Rs.980 billion in Floating Rate PIBs (PIBFRR) with quarterly and semi-annual coupon payments.

The Fixed Rate PIB of 10 years will be a fresh issue with its coupon rate revised down to 8.00 percent.

The above amount is not inclusive of auction for GOP Ijara Sukuk with the last auction scrapped and a new date to be announced. However, the previous disclosures show SBP had planned to raise Rs.100 billion from issuance of fixed and floating rate Islamic Bonds in December and January.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	134,299.77 290.06M	0.39% 517.42
ALLSHR	84,018.16 764.12M	0.48% 402.35
KSE30	40,814.29 132.59M	0.33% 132.52
KMI30	192,589.16 116.24M	0.49% 948.28
KMIALLSHR	56,072.25 387.69M	0.32% 180.74
BKTi	36,971.75 19.46M	-0.05% -16.94
OGTi	28,240.28 6.19M	0.21% 58.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%