Karachi: Auction Target calendar for sale of Government of Pakistan Market Treasury Bills 3-Months,6-Months and 12-Months for the 4th Quarter of FY12 (from April to June 2012) is mentioned below.
Pre-announced MIB Auction Calendar Q4 FY 12 April to June, 2012 (Amount in PKR Millions)
Settlement | Maturing | Additional | Targets | |
Auction Date | ||||
Date | Amount | Requirement | (Rounded Off) | |
4-Apr-12 | 5-Apr-12 | 162,902 | (2,902) | 160,000 |
18-Apr-12 | 19-Apr-12 | 201,699 | (1,699) | 200,000 |
2-May-12 | 3-May-12 | 193,314 | (13,314) | 180,000 |
16-May-12 | 17-May-12 | 112,408 | (2,408) | 110,000 |
30-May-12 | 31-May-12 | 144,846 | (4,846) | 140,000 |
13-Jun-12 | 14-Jun-12 | 125,189 | (5,189) | 120,000 |
27-Jun-12 | 28-Jun-12 | 23,976 | 61,024 | 85,000 |
Total Q4-FYI2 Amounts | 964,332 | 30,668 | 995,000 |
1:/ Maturity amount on 19-Apr-12 includes Outright OMO maturity of Rs.51.OObIn to be maturing on 20-Apr-12.
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 as follows:
1. Receipt of Tenders Up to the date of respective Auction (11:15 hours)
2. Opening of Tenders 11:30 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 | |||
5-Apr-12 | 28-Jun-12 | 4-Oct-12 | 4-Apr-13 |
19-Apr-12 | 12-Jul-12 | 18-Oct-12 | 18-Apr-13 |
3-May-12 | 26-Jul-12 | 1-Nov-12 | 2-May-13 |
17-May-12 | 9-Aug-12 | 15-Nov-12 | 16-May-13 |
31-May-12 | 23-Aug-12 | 29-Nov-12 | 30-May-13 |
14-Jun-12 | 6-Sep-12 | 13-Dec-12 | 13-Jun-13 |
28-Jun-12 | 20-Sep-12 | 27-Dec-12 | 27-Jun-13 |
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