The State Bank of Pakistan on Wednesday accepted bids worth Rs 27,600.5 million, with realised value of Rs 25,727.803 million, for sale of 3-month, 6-month and 12-month Government of Pakistan Market Treasury Bills (MTBs). Bids were opened on December 16, and SBP received some Rs 65,550.5 million worth tenders for the sale of 3-month, 6-month & 12-month MTBs.
Bids for the 3-month were received worth Rs 8,380 million, Rs 34,520 million for 6-month and Rs 22,650 million for the 12-month T-bills. The SBP accepted Rs 2,830 million worth of bids for 3-month MTBs and set cut-off yield at 12.1495 percent. The six-month t-bills yield was set at 12.2351 percent with Rs 17,420.5 million bids, and for the 12-month, SBP accepted Rs 7,350 million bids and set cut-off yield at 12.1913 percent.
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