Karachi January 11 2023: On January 11, 2023, SBP raised PKR 316 billion through the auction of market treasury bills.
The government received total bids worth PKR 626 billion and the highest bids of PKR 364 billion for 3 Month T-bills followed by PKR 147 billion for 6 Months and PKR 115 billion for 12 Months.
Cut-off yields remained unchanged.
The cut-off yield for 3 Months and 6 Months paper settled at 16.9999 percent, and 16.8255 percent, respectively.
Govt rejected 12 Months T-Bills bids.
The government raised PKR 316 billion in the latest auction against a target of PKR 626 billion.