The State Bank of Pakistan (SBP) will invite tenders (separately) for the sale of Rs 15,000 million three-month, six-month and 12-month Government Market Treasury Bills from October 10 to 11, 2006 through primary dealers.
The tenders will be opened at 11:30 hours on October 11. The result of the auction will be announced on the same day, and the successful bidders would be required to deposit the amount of accepted bids on October 12.
The maturity date for the three-month market treasury bills is January 4, 2007, for six-month maturity on April 12, 2007 and for 12-month maturity date is October 11, 2007.
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