Govt raises Rs587bn via T-bill auction
KARACHI: The government raised significantly more than both its target and the amount of maturing Treasury Bills at Wednesday’s auction. According to the State Bank of Pakistan (SBP), the government raised Rs232.46 billion through the auction and Rs354.25bn via non-competitive bids, for a total of Rs586.7bn. The auction target was Rs400bn, while the T-bills maturing amounted to Rs435bn. This…

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Govt raises Rs587bn via T-bill auction (opens Dawn in a new tab)
KARACHI: The government raised significantly more than both its target and the amount of maturing Treasury Bills at Wednesday’s auction. According to the State Bank of Pakistan (SBP), the government raised Rs232.46 billion through the auction and Rs354.25bn…

