Finally the 22 days continuous SBP discounting
came to an end with OMO maturity of PKR 17 billion coming
in during the week. Except for Saturday, the O/N market
ranged between 6-7%. In the T-bill auction, the SBP picked
up an amount of PKR 19.7 billion in 6-month at a cut-off
yield of 6.37%, 2bps lower than the last 6-month cut-off.
Total amount offered in the auction was PKR 28.5 billion.