KARACHI January 12 2022: On January 12, 2022 Government of Pakistan raised PKR 730 billion through auction of market treasury bills.
The government received total bids of worth PKR 1,942 billion and the highest bids of PKR 1,166 billion for 3 Month T-bills followed by PKR 647 billion for 6 Months and PKR 129 billion for 12 Months.
The cut-off yields for 3 Months paper remained at 10.45 percent, which was 14 bps lower than cut-off of last auction.
For 6 Months the cut-off yield is decreased by 8 basis points to 11.37 percent. For 12 months, the cut-off yield is decreased by 2 basis points to 11.49 percent.
The government raised PKR 730 billion in latest auction. Mostly raised in 3 Months which was PKR 586 billion followed by 6 Months of PKR 124 billion and 12 Months of PKR 21 billion. The target for the auction was PKR 650 billion.
