Karachi October 22 2021: On October 20, 2021 SBP raised PKR 173 billion through auction of market treasury bills.
The government received total bids of worth PKR 750 billion and the highest bids of PKR 325 billion for 3 Month T-bills followed by PKR 223 billion for 12 Months and PKR 201 billion for 6 Months.
A L S O || R E A D
SBP Reserves decline By USD 1.6 billion
The cut-off yields for 3 Months paper increased by 40 basis points at 8.2498 percent, which was 40bps higher than cut-off of last auction.
For 6 and 12 months, SBP rejected the bids.
The government raised PKR 173 billion in latest auction.
