KARACHI: The government on Wednesday raised Rs172 billion from market treasury bills (MTBs) and Pakistan Investment Bonds (PIBs) auctions respectively.

The government raised Rs113bn from the MTBs and Rs59bn from the PIBs. Of the MTBs, Rs59.45bn were raised from direct auction wher­eas Rs53.7bn were from non-competitive bids.

However, the government borrowed less than the auction target of Rs150bn. The bid trend shows investors particularly banks have ample liquidity. The total bids were Rs629bn.

Published in Dawn, August 13th, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

‘Source of terror’
Updated 29 Mar, 2024

‘Source of terror’

It is clear that going after militant groups inside Afghanistan unilaterally presents its own set of difficulties.
Chipping in
29 Mar, 2024

Chipping in

FEDERAL infrastructure development schemes are located in the provinces. Most such projects — for instance,...
Toxic emitters
29 Mar, 2024

Toxic emitters

IT is concerning to note that dozens of industries have been violating environmental laws in and around Islamabad....
Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...