Karachi: On February 09, 2022 SBP raised PKR 592 billion through auction of market treasury bills. The government received total bids of worth PKR 1,040 billion and the highest bids of PKR 406 billion for 6 Month T-bills followed by PKR 397 billion for 3 Months and PKR 236 billion for 12 Months.
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The cut-off yields for 6 Months paper decreased by 3 basis points at 10.6440 percent. The cut-off yield for 12 months settled at 10.8799 percent which was 5bps lower than cut-off of last auction.
For 3 months, cut-off yields remained unchanged at 11.2997 percent.
The government raised PKR 592 billion in latest auction against target of PKR 500 billion.