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Summary The government has earned Rs 1.58t from market by selling T-bills and cut off yield has also surged.
According to State Bank of Pakistan (SBP), during the bid, cut off yield of 3,6 and 12 months bills have increased by 13,11 and 5 bases points respectively. The cut off yield of 3, 6 and 12 months remained at 13.2081, 13.5894 and 13.8424 respectively.The government has fixed a target of Rs 1.50 trillion t-bills auction. Primary dealers offered to buy Rs 1.90 trillion T-bills. The government has gotten Rs 1.58 billion from market by selling T-bills and cut off yield has also surged.
