Karachi February 23 2022: On February 23, 2022 SBP raised PKR 367 billion through auction of market treasury bills.
The government received total bids of worth PKR 732 billion and the highest bids of PKR 347 billion for 3 Month T-bills followed by PKR 228 billion for 6 Months and PKR 157 billion for 12 Months.
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The cut-off yields for 3 Months, 6 Months and 12 Months paper increased by 19 basis points, 23 basis points and 12 basis points, respectively. The cut-off yield for 3 Months, 6 Months and 12 Months paper settled at 10.4899 percent, 10.8900 percent and 10.9999 percent, respectively.
The government raised PKR 367 billion in latest auction against target of PKR 800 billion.