KARACHI: On July 14, 2021 raised PKR 693 billion through auction of market treasury bills.
The government received total bids of worth PKR 1,684 billion and the highest bids of PKR 920 billion for 6 Month T-bills followed by PKR 625 billion for 3 Months and PKR 139 billion for 12 Months.
The cut-off yields for 3 Months paper slightly down by 5 basis points to 7.2589 percent and for 6 Months it is also down by 4 basis points. For 12 months, SBP rejected the bids.
The government raised PKR 693 billion in latest auction. Mostly raised in 6 Months which was PKR 509 billion followed by 3 Months of PKR 184.
The target for the auction was PKR 700 billion.