Islamabad, Mar 27, 2025: The yields on Treasury Bills (T-Bills) saw an increase of up to 34 basis points (bps) in the latest auction held on Wednesday.
As per the figures shared by the State Bank of Pakistan (SBP), the government secured Rs. 640 billion against a projected target of Rs. 650 billion, with maturities totaling Rs. 412 billion.
The auction saw strong participation, with bids amounting to Rs. 1,085 billion.
The official statistics reveal that the cut-off yield for the 3-month T-Bills climbed by 19 bps to reach 12.01 percent, while the yield for the 1-month paper surged by 34 bps, settling at 12.38 percent.
Similarly, the cut-off yield for the 6-month T-Bills experienced an uptick of 33 bps, bringing it to 11.99 percent.
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Meanwhile, the 12-month T-Bills recorded an 11 bps increase, reaching a cut-off yield of 12.01 percent.
In the competitive bidding segment, the government successfully obtained Rs. 221 billion for the 1-month tenure and Rs. 105 billion for the 3-month paper.
Additionally, Rs. 75 billion was raised for the 6-month T-Bills, while the 12-month securities attracted Rs. 210 billion.
Further examination of the official breakdown indicates that an additional Rs. 30 billion was secured through non-competitive bids.
As a result, the total funds raised in this auction amounted to Rs. 640 billion, reinforcing investor confidence in government securities.
