The State Bank of Pakistan has said that the government sold T-bills worth 2 thousand 248 billion rupees in the auction.
According to the State Bank, the government’s target was to sell bills worth 900 billion rupees, 3-month bills worth 2154 billion rupees were sold in the auction.
The State Bank said the cut-off yield on three-month bills remained unchanged at 21.99 percent.
According to State Bank, the government has sold 9 billion rupees worth of six-month bills, the cut-off yield of six-month bills has decreased by 1 basis point to 21.98 percent.
The government has sold 85 billion rupees worth of 12-month bills in the auction, the cut-off yield of 12-month bills increased by 40 basis points to 21.88 percent.
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