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KARACHI, Sept 27: The government has planned to raise Rs1.125 trillion through sale of market treasury bills in the second quarter of this fiscal year.
The State Bank issued calendar for T-bills and Pakistan Investment Bonds (PIBs) on Thursday mentioning the amount to be raised during the second quarter.
This huge amount will be raised in seven auctions of T-bills during Oct-Dec 2012-13. According to State Bank Rs90 billion will be raised through sale of PIBs during the same period. Collectively the government would raise Rs1.215 trillion. The government’s paper debt had already crossed Rs4.2 trillion till end of August, 2012.
