SBP To Conduct PIB Auction on Oct 07 2015
MG News | October 05, 2015 at 05:37 PM GMT+05:00
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SBP will conduct a PIB Auction on Oct 07, 2015 for 3Y, 5Y, 10Y & 20Y Bonds. The Auction target is 50 Bn and settlement date is Oct 8, 2015.
Details of the Auction & Previous Results
| Tenor | Target * | Coupon | Prv. Amt Accepted * | Prv. Cut Off Yield |
|---|---|---|---|---|
| 3Y | 15,000 | 8.75 % | 45,497.708 | 7.3536 |
| 5Y | 15,000 | 9.25 % | 46,616.782 | 8.3338 |
| 10Y | 15,000 | 9.75 % | 2,463.376 | 9.3406 |
| 20Y | 5,000 | 10.75 % | No Bids Received | - |
* Amount in Rs Million.
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