Karachi March 10 2022: On March 10, 2022 SBP raised PKR 951 billion through auction of market treasury bills.
The government received total bids of worth PKR 1,010 billion and the highest bids of PKR 561 billion for 3 Month T-bills followed by PKR 275 billion for 6 Months and PKR 173 billion for 12 Months.
The cut-off yields for 3 Months, 6 Months and 12 Months paper increased by 96 basis points, 121 basis points and 130 basis points, respectively. The cut-off yield for 3 Months, 6 Months and 12 Months paper settled at 11.4501 percent, 12.1000 percent and 12.2957 percent, respectively.
The government raised PKR 951 billion in latest auction against target of PKR 1,000 billion.
Source:
State Bank of Pakistan
