US EditionSBP raises Rs187bn through floating rate PIBs
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SBP raises Rs187bn through floating rate PIBs
May 27, 2025 (MLN): To manage domestic liquidity and anchor borrowing costs, the State Bank of Pakistan (SBP) raised Rs187.17 billion through an auction of 10-year floating-rate Pakistan Investment Bonds (PIBs) on Tuesday. Of the total, Rs175bn came from competitive bids, while Rs12.17bn was secured via non-competitive bids. The cut-off price was set at 95.0396. Investor appetite remained strong, as evidenced by a slightly higher accepted price …
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