Tenders for Sale of Market Treasury Bills invited by State Bank of Pakistan

Karachi, July 24 2013 (PPI-OT): Tenders for Sale of 3-Months, 6-Months and 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers on July 24, 2013. Bids were opened at 11:00 hours on July 24, 2013 which was received as follows:

                    (Rs. In Millions)
               Realized Value        Face Value
03-Month         118,240.002         120,677.800

06-Month         155,385.170         162,330.000

12-Month           5,604.274           6,108.000

Total            279,229.446         289,115.800

Out of the above bids, the accepted bids are as under:

Maturity      Cut - Off   Weighted        Realized        Face 
Period        Yield       Avg. Yield      Amount          Value

03-Month      8.9583       8.9484        106,524.090    108,717.800

06-Month      8.9892       8.9597        153,473.470    160,330.000

12-Month      8.9808       8.9745          4,688.394      5,108.000

Total                                    264,685.954    274,155.800

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk

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