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:

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                       Realised Value          Face Value
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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
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Out of the above bids, the accepted bids are as under:

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Maturity   Cut-Off   Weighted      Realised          Face
Period      Yield   Avg. Yield      Amount          Value
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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
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