LAHORE: The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Treasury Bills (T-bills) worth Rs57.243 billion for 3 months.
The central bank rejected all bids for the 6-month T-bills while no bids were received for the 12-month issue.
The pre-auction target was Rs250 billion against a maturing amount of Rs23.208 billion.
Cut off yield for the 3-month auction remained at 6.7596 per cent while the weighted average yield went up by 3 basis points to 6.7595 per cent.
