Market Treasury Bills Auction Target for 1st Quarter, July to September 2014

Karachi, July 02, 2014 (PPI-OT): Auction Target calendar for sale of Government of Pakistan Market Treasury Bills 3-Months, 6-Months and 12-Months for 1st Quarter of FY15 (from July to September 2014) is mentioned below:-


MTB Auction Calendar Q1 FY 15
July to September, 2014 (Amount in PKR Millions)

Auction Date Settlement Date Maturing Amount Additional Targets
Requirement (Rounded Off)

9-Jul-14 10-Jul-14 91,773 33,227 125,000
23-Jul-14 24-Jul-14 98,324 1,676 100,000
6-Aug-14 7-Aug-14 86,941 13,059 100,000
20-Aug-14 21-Aug-14 93,410 31,590 125,000
3-Sep-14 4-Sep-14 167,967 (17,967) 150,000
17-Sep-14 18-Sep-14 91,657 8,343 100,000

Total Q1-FY15 Amounts 630,072 69,928 700,000

Bids will be invited (separately) on each auction date by the Director, Domestic Markets and Monetary Management Department, State Bank of Pakistan, Karachi from Primary Dealers through Bloomberg Online Auction module as follows:


1. Start of Bidding 1000 hours to the date of respective Auction
2. End of Bidding 1200 hours on the date of the respective Auction
3. Communication of result On the date of Auction

Maturity dates of Government of Pakistan Market Treasury Bills sold in the auctions will be as follows:


Tenor 3-Month 6-Month 12-Month
Maturity Dates

10-Jul-14 2-Oct-14 8-Jan-15 9-Jul-15
24-Jul-14 16-Oct-14 22-Jan-15 23-Jul-15
7-Aug-14 30-Oct-14 6-Feb-15 6-Aug-15
21-Aug-14 13-Nov-14 19-Feb-15 20-Aug-15
4-Sep-14 27-Nov-14 5-Mar-15 3-Sep-15
18-Sep-14 11-Dec-14 19-Mar-15 17-Sep-15

Note: Bids can be rejected without assigning any reason.

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk

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