SBP sells Rs169bn worth of PIBs

KARACHI: The State Bank of Pakistan (SBP) raised Rs169 billion through the sale of Pakistan Investment Bonds (PIBs), according to a statement issued on Thursday. SBP data showed that the cut-off yields for all tenors decreased. The yields on 3-year bonds fell by 92 basis points, from 8.56pc to 7.64pc; the yields on 5-year bonds … Continue reading SBP sells Rs169bn worth of PIBs