Karachi, July 7, 2023 – In a bid to meet its budgetary requirements, Pakistan has announced plans to raise Rs9.9 trillion through the auction of securities over the next three months.
KARACHI: The State Bank of Pakistan (SBP) has notified regulations to Statutory Liquidity Requirement (SLR) eligibility limit on floating rate Pakistan Investment Bonds (PIBs). In a circular issued on Friday, the SBP said it is decided that SLR eligibility limit of 15 percent for banks and 5 percent for Development Finance Institutions (DFIs) on Pakistan […]
KARACHI: State Bank of Pakistan (SBP) on Tuesday announced that floating rate of Pakistan Investment Bonds (PIBs) will be auctioned. The central bank sand that it had issued detailed guidelines on May 07, 2018 through a notification under which details of Floating Rate PIBs have been specified. Government of Pakistan (GOP) has decided that Floating […]
KARACHI: The government likely to borrow an amount of Rs6,300 billion from commercial banks through auction of market treasury bills (MTBs) during first quarter (July – September) of current fiscal year. According to auction target for MTBs issued by State Bank of Pakistan (SBP), the amount would be raised through seven auctions during the period. […]