19:22
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KARACHI: The State Bank of Pakistan (SBP) sold treasury bills worth Rs199 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 Rs199 billion in three-, six- and 12-month maturities against the total face value of Rs208 billion for the auction.
The accepted bids are almost equivalent to the amount of Rs200 billion set for the auction, it said. The cutoff yields of three-, six-, and 12-month treasury bills stood at 9.1848 percent, 9.2084 percent and 9.2792 percent, respectively.
Posted in: Business news
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