Raising capital: SBP raises Rs223b through treasury bills

KARACHI: The State Bank of Pakistan (SBP) accepted bids with a  face value of Rs223.162 billion from primary dealers against the tender for sale of market treasury bills (MTBs) for three, six and 12 months from February 4 to 6. According to the central bank on Wednesday, the cut-off yield for three months stood at 9.0942%, six-month at 9.1645% and 12-month at 9.2553%. The SBP obtained Rs69.198 billion for three-month T-Bills, Rs141.863 billion for six-month T-Bills and Rs12.1 billion for 12-month. The offered amount was Rs315.162 billion.

Published in The Express Tribune, February 7^th, 2013.

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