The State Bank of Pakistan (SBP) has said that the government of Pakistan has sold 663 billion worth of T-bills in a 15-day auction.
According to the SBP announcement, 3-month bills worth 403 billion were sold in the auction. The cut-off yield of 3-month bills increased by 80 basis points to 22.799%.
According to the State Bank announcement, 6-month bills worth 18 billion were sold in the auction. The cut-off yield of 6-month bills increased by 99 basis points to 22.96%.
According to the SBP announcement, the government sold 12-month bills worth 240 billion. The cut-off yield for 12-month bulls rose 99 basis points to 22.98%.
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