SBP to Raise Rs.5,650.00 Billion From PIB & MTB during July - Sept
MG News | July 05, 2018 at 07:57 PM GMT+05:00
The State bank released the updated schedule for its PIB & MTB auctions during July to Sept 2018.
The state bank plans to raise Rs.5,650 Billion against a maturing amount of Rs.5,883.952 Billion. Out of the amount Rs.300 Billion will be raised through PIB's while Rs.5,350 Billion will be raised by the shorter term MTBs.
| Instrument | Auction Target* | Maturing Amount* |
|---|---|---|
| MTB | 5,350,000 | 5,303,424 |
| PIB | 150,000 | 580,528 |
| PIB- Floating Rate | 150,000 | - |
| Total | 5,650,000 | 5,883,952 |
Amount in Rs. Million
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