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Morning News: SBP raises Rs342bn in PIB Auction - By HMFS Research

  • By: Habib Metropolitan Financial Services Limited

  • - Published: Thursday, 17 July 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The State Bank of Pakistan (SBP) has secured Rs342.32 billion in auction of Fixed Rate Pakistan Investment Bonds (PIBs). The auction offered a mix of fixed-rate and zero-coupon instruments across five tenors: 2-Year, 3-Year, 5-Year, 10-Year, and 15-Year. Notably, bids for the 15-year tenor were rejected entirely.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Finance Secretary Imdadullah Bosal said on Wednesday that negotiations are underway between the government and the International Monetary Fund (IMF) on the issue of exemption of duties and taxes on the import of sugar. During the meeting of the National Assembly Standing Committee on Finance held on Wednesday, the Ministry of Finance secreta...

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