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Tuesday, September 22nd, 2020

T-Bill auction receives heavy participation

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by August 11, 2011 Brokerage

Karachi: T-bill auction was held on Wednesday, in which SBP accepted bids worth of PkR 181 bn with realized value PkR 163.86 bn.

According to Alfalah Securities Limited, The cut off yields of 3M, 6M and 12M T-bills stood at 13.0697%, 13.2787%, and 13.3768% respectively. These rates are revealed after the change in discount rate to 13.5% lower by 50bps in the recent monetary policy and are reflective of tight liquidity position prevailing in market.

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