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T-Bills 11 March 2020

*T-bills auction result* Mar 11, 2020

Govt. held T-bills auction today where the govt. borrowed Rs323bn. Tenor wise amount and cut-off yield is presented below:

03-Month Paper, Rs128.5bn at 12.73% (down 66bps)
06-Month Paper, Rs102.3bn at 12.51% (down 84bps)
12-Month Paper, Rs92.5bn at 12.00% (down 133bps)

Regards
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