The State Bank of Pakistan (SBP) has confirmed that the government has sold 15-day T-bills worth Rs 2,74 billion in auctions.
According to the SBP announcement, the government has auctioned bills worth 2062 billion for 3 months.
According to the announcement, the cut-off yield of 3-month bills decreased by 2 basis points to 22.88% while 6-month bills rejected all offers to buy.
According to the SBP announcement, 12-month bills worth billions have been sold, the cut-off yield of which has decreased by 4 basis points to 22.94%.
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