KARACHI, Sept 8: The State Bank of Pakistan said on Monday it would auction Rs35 billion worth of three-, six-, and 12-month Treasury bills this week.

The auction will be held on Wednesday, with settlement due the following day, the central bank said.

At the last T-bill auction on Aug 27, the SBP sold Rs34.71 billion of its three-month T-bills at the cut-off yield of 12.5631 per cent.

At the auction, the central bank did not receive any bids for the benchmark six-month T-bills and 12-month T-bills.

—Reuters