Header and navigation menu

Page content

Govt rejects high-yield bids, SBP raises Rs512 billion in separate PIB auction

Pakistan’s debt market saw mixed outcomes on Tuesday, as the government rejected all bids for fixed-rate Pakistan Investment Bonds (PIBs) and Shariah-compliant sukuk in one set of auctions, while the State Bank of Pakistan raised over Rs512 billion through a separate PIB auction, reflecting strong participation from investors adjusting to higher interest rates [...]