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Tenders for Sale of 3-Months, 6-Months & 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers on May 15, 2013. Bids were opened at 12:00 hours on May 15, 2013 which was received as follows:



=========================================================
Realised Value Face Value
=========================================================
03-Month 2,973.325 3,038.000
06-Month 94,564.373 99,008.000
12-Month 200,748.195 219,600.000
Total 298,285.893 321,646.000
=========================================================

Out of the above bids, the accepted bids are as under:



=========================================================
Maturity Cut-Off Weighted Realised Face
Period Yield Avg. Yield Amount Value
=========================================================
03-Month 9.4114 9.4013 874.088 893.000
06-Month 9.4280 9.4133 68,641.168 71,863.000
12-Month 9.4470 9.4090 171,232.780 187,300.000
Total 240,748.036 260,056.000
=========================================================

Copyright Business Recorder, 2013

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