Govt raises Rs498b via T-bills as yields rise
[ KARACHI: The State Bank of Pakistan (SBP) on Wednesday raised Rs498 billion in the Market Treasury Bills auction against the target of Rs500 billion, with cut-off yields rising across all tenors. The central bank accepted Rs52 billion in one-month paper at a cut-off yield of 11.47%, up 12 basis points from the previous auction, … Read more