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Tenders for sale OF MARKET TREASURY BILLS invited by State Bank of Pakistan

Karachi, February 19, 2014 (PPI-OT): Tenders for Sale of 3-Months, 6-Months and 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers on February 19, 2014. Bids were opened at 12:00 hours on February 19, 2014 which was received as follows:

(Rs. In Millions)
                                           Realized Value                Face Value
                  03-Month                  285,713.550                  292,260.720
                  06-Month                   47,067.502                   49,409.145
                  12-Month                      453.700                      500.000
                   Total                    333,234.752                  342,169.865

        Out of the above bids, the accepted bids are as under:

       Maturity           Cut - Off       Weighted             Realized             Face
       Period              Yield          Avg. Yield           Amount               Value
    03-Month               9.9564           9.9541           272,126.800        278,360.720
    06-Month               9.9791           9.9775            47,067.502         49,409.145
    12-Month                                     BIDS REJECTED
        Total                                                319,194.302        327,769.865

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk

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