SBP sets Auction Target of 3.8 Trillion for Oct-Dec period

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State Bank of Pakistan has set an auction target of Rs 3.8 trillion for treasury bills and Pakistan Investment Bonds for the three months starting October.

The central bank plans to mop up as much as Rs 3.6 trillion from the sale of treasury bills having tenor of three months, six months and one year. The bank to mop up the amount through six auctions, having target of Rs 550 billion to Rs 650 billion.

T – Bill Auction Schedule
Auction Date Settlement Date Maturing Amount Additional Requirement Targets (Rounded Off)
11-10-17
12-10-17
786,427 (136,427) 650,000
25-10-17
26-10-17
699,981 (49,981) 650,000
08-11-17
09-11-17
614,715 35,285 650,000
22-11-17
23-11-17
527,581 22,419 550,000
06-12-17
07-12-17
484,833 65,167 550,000
20-12-17
21-12-17
491,425 58,575 550,000
    3,604,961 (4,961) 3,600,000

The bank plans to sell long term-Pakistan Investment Bonds amounting to Rs 200 billion from three auctions, one in each month.

PIB Auction Schedule
Auction Data 3 – Year 5 – Year 10 – Year 20 – Year Total
18 Oct, 17 30,000 30,000 30,000 10,000 100,000
15 Oct, 17 15,000 15,000 15,000 5,000 50,000
13 Dec, 17 15,000 15,000 15,000 5,000 50,000

 

Posted on: 2017-10-04T17:37:00+05:00

Data is delayed by 20 minutes

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