IslamabadThe government successfully raised rupees. 259 billion T-Bills at a auction on Wednesday, although the amount is less than the target rupee. 350 billion. The auction witnessed a strong participation, as the total bidding was rupees. 737 billion.
According to the State Bank in Pakistan (SBP), the suspended revenues on T -lds witnessed moderate increases in all benefits. The return on Bills increased for 3 months by 2 basis points to 11,8247 %, while the Bills T 6 months increased by 17 basis points, reaching 11.6749 %. The return on Bills T-BILS increased for 12 months, as it increased by 6 basis points to 11,6498 %.
In the competitive part of the auction, the government collected rupees. 130.4 billion to 3 months T-BILS, rupee. 14.4 billion to 6 months T-BILS and RS. 70.1 billion via T-BILS 12 months. Additional rupee. 44 billion were secured through non -competitive bids, which led to the total amount that was raised to rupees. 259 billion.
