Government of Pakistan borrow Rs 232,169 million form banking secotr.

G O V E R N M E N T   O F   P A K I S T A N   M A R K E T   T R E A S U R Y   B I L L S

To serve budget deficit Pakistan's federal government borrow Rs. 232,169 million rupees form banking sector. This borrowing was taken in first T-Bill auction of the fiscal year started on 1st July, 2013. 

 Tenders for Sale of 3-Months, 6-Months & 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers on July 10, 2013. Bids were opened at 12:00 hours on July 10, 2013 which was received as follows:

	Realized Value	Face Value
03-Month	184,968.768	188,707.000
06-Month	39,700.507	41,462.000
12-Month	4,591.050	5,000.000
Total	229,260.325	235,169.000

 

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

Maturity Period	Cut - Off  Yield	Weighted  Avg. Yield	Realized Amount	Face  Value
03-Month	8.9747	8.8872	184,478.818	188,207.000
06-Month	8.9729	8.9444	37,307.257	38,962.000
12-Month	8.9817	8.9566	4,591.050	5,000.000
Total			226,377.125	232,169.000