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SBP raises Rs1.172tr in debt auctions

The State Bank of Pakistan (SBP) raised a combined Rs1.172 trillion through its latest treasury bill and Pakistan Investment Bond (PIB) floater auctions, surpassing the Rs1.1 trillion aggregate target as robust bidding, totalling more than Rs2.45 trillion, drove a slight easing of yields and underscored investor confidence in a steady monetary policy landscape. [...]