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Pakistan targets 75 bln rupees from T-bill auction
Reuters - 2 hours 49 minutes ago
KARACHI, Nov 17 - Pakistan's central bank will auction 75 billion rupees worth of three-, six-, and 12-month Treasury bills this week.
The auction will be on Wednesday with settlement due the following day, the State Bank of Pakistan said.
The central bank last week said it would auction 290 billion rupees worth of three-, six-, and 12-month T-bills up to the end of December. [ID:nSIN147634]
At the last auction on Nov. 5, the central bank sold 51.54 billion rupees of the three-month paper, while it rejected all bids for six-, and 12-month paper.
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