Karachi: On March 22, 2022 SBP raised PKR 693 billion through auction of market treasury bills.
The government received total bids of worth PKR 893 billion and the highest bids of PKR 308 billion for 3 Month T-bills followed by PKR 294 billion for 12 Months and PKR 291 billion for 6 Months.
The cut-off yields for 3 Months, 6 Months and 12 Months paper increased by 55 basis points, 40 basis points and 40 basis points, respectively. The cut-off yield for 3 Months, 6 Months and 12 Months paper settled at 11.9999 percent, 12.5000 percent and 12.7001 percent, respectively.
The government raised PKR 693 billion in latest auction against target of PKR 800 billion.
