Karachi April 20 2022: On April 20, 2022 SBP raised PKR 614 billion through auction of market treasury bills.
The government received total bids of worth PKR 914 billion and the highest bids of PKR 406 billion for 3 Month T-bills followed by PKR 259 billion for 12 Months and PKR 248 billion for 6 Months.
The cut-off yields for 3 Months, 6 Months and 12 Months paper increased by 70 basis points, 60 basis points and 55 basis points, respectively.
The cut-off yield for 3 Months, 6 Months and 12 Months paper settled at 13.5003 percent, 13.8495 percent and 13.8496 percent, respectively.
The government raised PKR 614 billion in latest auction against target of PKR 600 billion.
