• About
  • Advertise
  • Contact
Saturday, August 20, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

Govt increases Rs869 billion through T-bills auction

bySidra Butt
April 8, 2021
in Business, Economy, Finance, New
Reading Time: 1 min read
0
T-bills
72
SHARES
370
VIEWS
Share on FacebookShare on Twitter

On Wednesday, The government raised over Rs869 billion through the treasury bills [T-bills] auction. Though a meager amount for the long-term Pakistan Investment Bonds [PIBs] was raised against the target.

The State Bank reported that bids for T-bills were Rs2.124 trillion but the government remained close to its target of Rs900bn. The highest amount raised was for the benchmark six-month T-bills while bids for 12-month papers were rejected.

RelatedPosts

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Weekly inflation reaching a records, rises to 42.3pc

Pakistan to get $4 billion from Saudi Arabia, UAE, Qatar to shore up reserves

The cut-off yields on three-month papers were slightly changed, not reflecting any major change in the coming weeks.

The highest bids were offered for three-month papers, but the government preferred to accept maximum amount for six-month T-bills.

The bids offered for three-, six- and 12-month T-bills were Rs1,226.9bn, Rs747.8bn, and Rs150bn, respectively. The government raised Rs201bn for three-month and Rs593.6bn for six-month T-bills.

Tags: AuctionBiddingGovernment of PakistanPakistanPIBsTreasury
Sidra Butt

Sidra Butt

Related Posts

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Leading Saudi infrastructure provider TAWAL Telecom is prepared to launch operations in Pakistan with an annual investment target of $70-80...

Weekly inflation reaching a records, rises to 42.3pc

Weekly inflation reaching a records, rises to 42.3pc

According to data released by the Pakistan Bureau of Statistics (PBS) on Friday, inflation increased significantly in the week that...

Next Post
Milo

Nestlé's Milk free Milo bets big on plant-based food in Asia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Queen of Pop Nazia Hassan lights up Times Square

Queen of Pop Nazia Hassan lights up Times Square

World’s Most Followed TikToker Khaby Lame is now an Italian Citizen

World’s Most Followed TikToker Khaby Lame is now an Italian Citizen

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

CAA Faisalabad returns bag having Rs2 million valuables to lady air traveller 

CAA Faisalabad returns bag having Rs2 million valuables to lady air traveller 

Weekly inflation reaching a records, rises to 42.3pc

Weekly inflation reaching a records, rises to 42.3pc

Punjab prisons: inmates being enabled to open bank accounts

Punjab prisons: inmates being enabled to open bank accounts

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In