THE government managed to raise Rs71.704bn from the auction of Treasury bills of various tenors on August 20.

Of the total, three-month T-bills fetched Rs69.653bn at a cut-off yield of 9.9564pc, followed by 12-month T-bills with Rs1.718bn at 9.9900pc and six-month T-bills with Rs0.333bn at 9.9791pc. The central bank had received total bids worth Rs71.704bn and accepted all of them.

According to the weekly statement of position of all scheduled banks for the week ended July 28, total assets of all scheduled banks stood at Rs10255.943bn, up 0.36pc over the prior week’s figure of Rs10218.594bn.

Three-month Treasury bills fetched the highest amount of Rs69.653bn during the latest T-bill auction

Total assets of all commercial banks stood at Rs10076.23bn in the week, up 0.37pc over the previous week’s figure of Rs10039.216bn. Total assets of all specialised banks stood at Rs179.713bn, against the previous week’s Rs179.378bn.

Cash and balances with treasury banks of all scheduled banks rose to Rs683.722bn during the week under review, against the earlier week’s Rs657.751bn.

Cash and balances with treasury banks of all commercial banks stood at Rs680.419bn in the week, against the preceding week’s figure of Rs654.345bn, a rise of 3. 98pc. Cash and balances with treasury banks of all specialised banks stood at Rs3.303bn in the week, against the preceding week’s figure of Rs3.407bn.

Investments of all scheduled banks stood at Rs4406.077bn in the week ending July 28, against the preceding week’s Rs4412.77bn, a fall of 0.15pc. Investments of all commercial banks stood at Rs4374.756bn in the week, against the preceding week’s Rs4381.482bn, up 0.01pc. Specialised banks’ investments stood at Rs31.321bn in the week, against the preceding week’s Rs31.288bn.

Gross advances stood at Rs4240.101bn in the week under review, up 0.23pc over the prior week’s figure of Rs4230.396bn. Advances by commercial banks rose 0.23pc to Rs4107.31bn in the week, against the earlier week’s Rs4097.637bn. Advances by specialised banks stood at Rs132.792bn in the week.

Borrowings by all scheduled banks rose by 7.64pc to Rs732.703bn in the week ending July 28, over the preceding week’s Rs680.725. Borrowings by all commercial banks rose to Rs651.858bn in the week, against the previous week’s Rs600.174, or by 8.61pc. Borrowings by specialised banks stood at Rs80.845bn, against the preceding week’s figure of Rs80.551bn.

Deposits and other accounts of all scheduled banks fell by 0.14pc to Rs7980.033bn in the week under review, over the preceding week’s figure of Rs7991.682bn.

Deposits and other accounts of all commercial banks rose by 0.15pc to Rs7959.248 in the week, against the previous week’s Rs7970.891bn. Deposits and other accounts of all specialised banks stood at Rs20.785bn in the week, against the previous week’s Rs20.791bn.

Other liabilities of all scheduled banks stood at Rs366.833bn in the week ending July 28, against the preceding week’s Rs354.711bn, showing a rise of 3.41pc. Other liabilities of all commercial bank rose to Rs313.160bn in the week, over the previous week’s Rs301.019bn, or by 4.03pc.

Net assets of all scheduled banks stood at Rs992.841bn in the week under review, against the preceding week’s Rs1005.076bn, down 1.22pc.

Net assets of all commercial banks stood at Rs972.557bn in the week, lower by 1.25pc over the preceding week’s figure of Rs984.874bn. Net assets of all specialised banks stood at Rs20.285bn in the week, against the previous week’s Rs20.202bn.

Published in Dawn, Economic & Business, August 25th, 2014