Cutoff yield in 6-month T-bills rises to 11.5%
KARACHI: The cutoff yield in the auction of the benchmark six-month market treasury bills (MTBs) sharply increased to 11.5 per cent, much higher than the key policy rate of 8.75 per cent. A day ago, the State Bank of Pakistan (SBP) conducted an auction of the government treasury bills maturities for the sale of T-bills … Read more