The State Bank of Pakistan (SBP) has invited bids (separately) for Rs 45 billion for three-month, six-month and 12-month Treasury Bills for March 28, 2007.
The bids will be opened on Wednesday, and result of auction will be announced the same day. The successful bidders would be required to deposit the amount of accepted bids by March 29, 2007. The maturity date for three-month treasury bills is June 21, 2007, for six-month September 27, 2007, and for 12-month it is March 27, 2008.