SBP sells Rs112bn worth of PIBs

KARACHI: The State Bank of Pakistan (SBP) has raised Rs112 billion through the sale of Pakistan Investment Bonds (PIBs), according to a statement issued on Wednesday. SBP data showed that the cut-off yields for all three-year, five-year and 10-year PIBs increased. However, the cut-off yield for 15-year PIB decreased.  The yields on three-year bonds rose … Continue reading SBP sells Rs112bn worth of PIBs