State Bank of Pakistan announces T-bills and Pakistan Investment Bonds target

MG News | November 03, 2017 at 05:17 PM GMT+05:00

0:00

State Bank to mop-up Rs 4.225 trillion through six auctions of Treasury Bills.

Amount in PKR Million
Auction Date	Settlement Date	Maturing Amount	Additional Requirement	Targets (Rounded Off)
9 Nov, 17	9 Nov, 17	641,715	(35,285)	650,000
22 Nov, 17	23 Nov, 17	527,581	(22,419)	550,000
6 Dec, 17	7 Dec, 17	484,833	(65,167)	550,000
20 Dec, 17	21 Dec, 17	491,425	(58,575)	550,000
3 Jan, 17	4 Jan, 17	959,526	(9,526)	950,000
17 Jan, 17	18 Jan, 17	1,155,632	(180,632)	945,000
	4,233,712	(8,712)	4,225,000

State bank to sell Rs. 150 billion worth of Pakistan Investment Bonds through three auctions.

Amount in PKR Million
Start of When-Issue Period	Auction Date	Settlement Date	Maturing Amt ² (Principal +Coupon)	Additional Requirement	Targets (Rounded Off)
1 Nov, 17	15 Nov, 17	16 Nov, 17	-	50,000	50,000
29 Nov, 17	13 Dec, 17	14 Dec, 17	13,116	36,884	50,000
10 Jan, 18	24 Jan, 18	25 Jan, 18	84,364	(34,364)	50,000
			97,480	52,520	150,000

Details of tenor-wise Target of PIBs

Amount PKR in million
Auction Date	2 – Year	5 – Year	10 – Year	20 – Year	Total
15 Nov, 17	15,000.00	15,000.00	15,000.00	5,000.00	50,000.00
13 Dec, 17	15,000.00	15,000.00	15,000.00	5,000.00	50,000.00
24 Jan, 18	15,000.00	15,000.00	15,000.00	5,000.00	50,000.00

State Bank has announced it plans to sell Treasury Bills and Pakistan Investment Bonds during November to January period.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,225.00	117,335.00 114,960.00	1650.00 1.43%
BRENT CRUDE	68.49	68.69 67.01	1.05 1.56%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.35	93.50 93.15	0.50 0.54%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.53	64.76 62.89	1.23 1.94%
SUGAR #11 WORLD	15.88	16.10 15.82	-0.12 -0.75%