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KARACHI: The State Bank of Pakistan (SBP) sold treasury bills worth Rs148 billion at an auction held on Wednesday, according to a statement.
The latest auction result released by the central bank showed that it accepted bids amounting to Rs148.5 billion in three-, six- and 12-month maturities against total face value of Rs155 billion for the auction.
The accepted bids are lower than the amount of Rs150 billion set for the auction, it said.
The cutoff yields of three-, six-, and 12-month treasury bills stood at 9.3207 percent, 9.3401 percent and 9.3870 percent, respectively.
The latest auction result released by the central bank showed that it accepted bids amounting to Rs148.5 billion in three-, six- and 12-month maturities against total face value of Rs155 billion for the auction.
The accepted bids are lower than the amount of Rs150 billion set for the auction, it said.
The cutoff yields of three-, six-, and 12-month treasury bills stood at 9.3207 percent, 9.3401 percent and 9.3870 percent, respectively.
Posted in: Business news
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