KARACHI: On September 08, 2021 raised PKR 367 billion through auction of market treasury bills.
The government received total bids of worth PKR 605 billion and the highest bids of PKR 356 billion for 6 Month T-bills followed by PKR 138 billion for 3 Months and PKR 111 billion for 12 Months.
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The cut-off yields for 3 Months paper remained unchanged at 7.2347 percent and for 6 Months it is up by 5 basis points to 7.4900 percent. For 12 months, SBP raised amount after rejections of 5 auctions.
The government raised PKR 367 billion in latest auction. Mostly raised in 6 Months which was PKR 274 billion followed by 3 Months of PKR 92 and 12 Months 1 billion. The target for the auction was PKR 550 billion.