SBP auctions GoP MTBs of 600.308 bn

KARACHI, Apr 25 (APP):State Bank of Pakistan on Thursday auctioned Government of Pakistan Market Treasury Bills of Rs. 600.308 billion and 12-month tenure through its Primary Dealers.

Rupees 600.308 billion was realized for 3-month MTBs against their face value of Rs 615.436 billion. The bids offered for 6-month bills were rejected.

Their discounted value was Rs 2.84 billion against the face value of Rs. 300 billion. No bids were received for 12-month MTBs, said SBP statement.