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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Pakistan's 6-mth T-bill cut off yield at 13.8731 Reuters - Thursday, February 12 KARACHI, Feb 11 - The cut-off yield on Pakistan's benchmark 6-month Treasury bills fell to 13.8731 percent at an auction on Wednesday, the central bank said. ADVERTISEMENT The weighted average yield on the 6-month paper fell to 13.7357 percent, compared with 13.9958 percent in the previous auction on Jan. 28, the State Bank of Pakistan said <SBPK12>. The cut-off yield on 3-month paper fell to 13.6237 percent compared with 13.7624 percent in the previous auction, while the weighted average yield also fell to 13.4553 percent compared with 13.7338 percent. The cut-off yield on the 12-month paper was 13.9074 percent and the weighted average yield was 13.8408 percent. The central bank kept its key discount rate flat at 15 percent on Jan. 31. It raised its key discount rate in November by 200 basis points to 15 percent just before the International Monetary Fund approved a $7.6 billion loan to help avert a balance of payment crisis. The central bank said it sold 50.77 billion rupees ($639 million) of the 3-month paper, 51.89 billion rupees ($653 million) of the 6-month paper, and 52.54 billion rupees ($661 million) of the 12-month paper after receiving total bids of 377.25 billion rupees. It had a combined auction target of 130 billion rupees. Settlement will take place on Thursday. ($1= 79.40 Pakistani rupees) (Reporting by Aftab Borka and Sahar Ahmed; Editing by Simon Cameron-Moore) Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Sigma-Aldrich expects more revenue, steady profitAP - 16 minutes ago Taiwan's 'Silicon Valley' hit by global slowdownAFP - 23 minutes ago Bargain search and banks fuel Wall Street reboundReuters - 26 minutes ago Euro falls below $1.29 as US stocks pare gainsReuters - 27 minutes ago Stronger dollar nips Sigma-Aldrich 4Q profitAP - 28 minutes ago Most Popular – Business Viewed Obama vows mortgage aid as stimulus blitz hits Florida Taliban video of Polish hostage beheading Indian woman has football-sized tumour removed from jaw British minister says crisis worst for 100 years Spain withdraws cervical cancer shot after illnesses View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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