SBP sells MTBs worth Rs283bn at lower yields

Cut-off yields for the 3, 6, and 12-month MTBs declined by 45, 44, and 59 basis points respectively

The State Bank of Pakistan (SBP) on Wednesday announced the auction result of Market Treasury Bills (MTBs) worth Rs 283.24 billion, far exceeding its target of Rs 100 billion. 

The auction saw a high demand for the short-term government securities, as the SBP received bids worth Rs2.755 trillion, nearly 10 times the amount it accepted.

The cut-off yields for the 3, 6, and 12-month MTBs were 20.9996%, 20.9601%, and 20.8449%, declining by 45, 44, and 59 basis points respectively.

The SBP accepted Rs5.71 billion for the 3-month MTBs, Rs6.5 million for the 6-month MTBs, and Rs211.08 billion for the 12-month MTBs. It also picked up Rs66.44 billion from the non-competitive auction, bringing the total amount accepted to Rs 283 billion.

In the previous auction, the SBP sold MTBs worth Rs2 trillion at 21.448%, 21.3999%, and 21.43% for the 3, 6, and 12-month tenors, exceeding its target by almost four times.

2 COMMENTS

  1. GET RICH WITH BLANK ATM CARD, Whats app: + 1 803 392 1735

    I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Online Hackers send them the atm blank card and use it to collect money in any atm machine and become rich I email them also and they sent me the blank atm card. I have use it to get 500,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

    You can also contact them for the service below

    * Western Union/MoneyGram Transfer

    * Bank Transfer

    * PayPal / Skrill Transfer

    * Crypto Mining

    * CashApp Transfer

    * Bitcoin Loans

    * Recover Stolen/Missing Crypto/Funds/Assets

    Email: darkwebonlinehackers @ gmail . com

    Telegram or Whats App: + 1 803 392 1735

  2. HOW TO RECOVER STOLEN BITCOIN/USDT 2024 ?

    EthicsRefinance hackers were invaluable in helping me recover my stolen bitcoin worth $234,000. Their exceptional skills and ethical approach ensured a successful retrieval. I highly recommend their services for similar situations. With their extensive knowledge and experience in cybersecurity, EthicsRefinance hackers consistently prove their ability to handle complex cases. I am grateful for their assistance and wholeheartedly recommend their trustworthy and efficient services. They go above and beyond to safeguard and restore their clients’ assets. Their track record speaks for itself, making them the top choice for bitcoin recovery. Reach out to EthicsRefinance hackers today and reclaim what is rightfully yours

    EMAIL VIA: ethicsrefinance @ gmail .com

    TELEGRAM: @ethicsrefinance

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

PTA rejects FBR’s demand to block 500,000 SIMs

Telecom regulator emphasises the need for a comprehensive assessment before implementation, citing potential adverse effects