The State Bank of Pakistan (SBP) has invited tenders for the sale of Treasury Bills (TBs). The pre-auction target is Rs 50 billion. The TBs of 3-months (maturity on December 22, 2005); 6-months (maturity on March 30, 2006); and 12-months (maturity on September 28, 2006) will be invited separately by the Exchange and Debt Management Department, SBP through primary dealers on Tuesday and Wednesday up to 11.15 hours.