THE government raised Rs272.52bn from an auction of Treasury bills of various tenors on April 16.

Of this, 12-month T-bills fetched Rs137.256bn at a cut-off yield of 9.99pc, followed by six-month T-bills with Rs74.711bn at 9.9791pc, and three-month T-bills with Rs60.555bn at 9.9564pc.

The central bank had received total bids worth Rs272.79bn. Of this, the highest amount offered — Rs150.930bn — was for 12-month paper, followed by six-month paper with Rs74.711bn and three-month paper with Rs60.824bn.

According to the weekly statement of position of all scheduled banks for the week ended April 4, deposits and other accounts of all scheduled banks decreased by 0.28pc to Rs7549.577bn, over the preceding week’s figure of Rs7571.267bn.

Deposits of all commercial banks fell by 0.29pc over the week to Rs7530.813bn, against the preceding week’s Rs7552.671bn. Specialised banks’ deposits stood at Rs18.764bn, against the previous week’s Rs18.596bn.

Cash and balances with treasury banks of all scheduled banks decreased by 15.55pc during the week under review to Rs636.373bn, against the earlier week’s Rs753.556bn.

Cash and balances with treasury banks of all commercial banks stood at Rs633.265bn, against the preceding week’s figure of Rs750.566bn, while the figure for specialised banks stood at Rs3.1bn, against the preceding week’s Rs2.99bn.

Investments of all scheduled banks stood at Rs4450.07bn in the week ended April 4, down 1.18pc from the previous week. Investments of all commercial banks stood at Rs4421.683bn in the week, against the prior week’s Rs4474.165bn. Specialised banks’ investments stood at Rs28.387bn.

Gross advances stood at Rs4067.154bn in the week under review, against the preceding week’s Rs4099.857bn. Advances by commercial banks declined to Rs3938.021bn. Advances by specialised banks stood at Rs129.133bn.

Total assets of all scheduled banks stood at Rs9963.176bn in the week ended April 4, lower by 1.80pc over the preceding week. Total assets of all commercial banks stood at Rs9791.496bn in the week, lower by 1.82pc over the previous week. Total assets of all specialised banks stood at Rs171.68bn.

Borrowings by all scheduled banks decreased by 14.24pc in the week under review to Rs890.501bn. Borrowings by all commercial banks fell to Rs813.939bn against the previous week’s Rs962.145bn. Borrowings by specialised banks rose to Rs76.56bn.

Other liabilities of all scheduled banks stood at Rs381.317bn in the week ended April 4, against the preceding week’s Rs370.726bn. Other liabilities of all commercial banks rose to Rs329.661bn over the previous week’s Rs319.948bn.

Net assets of all scheduled banks stood at Rs982.775bn in the week under review, against the preceding week’s Rs988.734bn. Net assets of all commercial banks stood at Rs962.376bn, lower by 0.56pc over the prior week. Specialised banks’ net assets stood at Rs20.399bn.

According to the Statement of Affairs of the State Bank of Pakistan, for the week ended April 4, approved foreign exchange increased by 3.82pc to Rs178.362 billion, over the previous week’s figure of Rs171.798 billion.

Balances held outside Pakistan in approved foreign exchange fell by 7.36pc in the week under review to Rs350.8bn, against the preceding week’s figure of Rs378.6bn. When compared with last year’s corresponding figure of Rs481.8bn, the current week’s figure is lower by 27.2pc.

Notes in circulation went up in the week ended April 4 to Rs2280.374bn, against the earlier week’s figure of Rs2250.466bn.