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Pakistan’s One-Year T-Bill Rate Drops to 3-Year Low

The 1-Year T-Bill rate has dropped to approximately a 3-year low of 11.34 percent.

In the last one and a half years, the rate has halved from its peak of 24.73 percent on the back of falling inflation, according to Topline Securities.

T-Bill Auction

Wednesday saw the bond auction see cut-off yields for 3M, 6M, and 12M T-bills down by 20bps, 39bps, and 45bps, respectively at 11.5887 percent, 11.4048 percent, and 11.3459 percent.

The auction received bids amounting to Rs. 1,401 billion against a target of Rs. 350 billion. The State Bank of Pakistan accepted Rs. 326 billion.

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    • No it’s because they let prices rise uncontrolled .

      T bills rate was cut because they want people to invest in private sector . Given pakistan private sector is not regulated . It allows them to not pay any significant dividend to shareholders.


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