• search

Array

Written by: Staff
|

KARACHI, July 3 (Reuters) Pakistan's central bank said on Monday it would auction 60 billion rupees ($996.18 million) worth of three-, six- and 12-month Treasury bills this week.

The auction will be held on Wednesday with settlement due on Thursday, State Bank of Pakistan said in a statement.

At the last T-bill auction on June 21, the central bank sold 47.97 million rupees ($0.796 million) of its benchmark six-month bills at cut-off and weighted average annual yields of 8.4869 percent.

At the same auction, it sold 294.36 million rupees ($4.88 million) of three-month bills, and 5.057 billion rupees ($83.96 million) of the 12-month paper.

The cut-off and weighted average yields on the three-month T-bills were then set at 8.3256 percent, while for the 12-month paper they were set at 8.7907 percent.

($1=60.23 rupees) REUTERS MQA HS1503

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more