Table of Contents

Government Raises Over Rs 1 Trillion Through T-bills

The government raised Rs 1.09 trillion through the sale of T-Bills and Rs 70 billion via Pakistan Investment Bonds on Wednesday.

Read More: Shab e Barat 2023 in Pakistan

However, the rates at maturity for all maturities of Treasury bills remained unchanged.

The government reportedly raised Rs 388.7bn against offers of Rs749bn for three-month at 7.32 percent, as reported by local media.

The largest amount, 707.6 billion rupees, was raised for six-month T-bills at a rate of 7.6 percent. The bids for this maturity were 1.113 trillion rupees, indicating the current investment climate.

Read More: Chinese Company Made Copy of Land Cruiser LC300

It indicates that the investors were confident that the interest rate could fluctuate modestly during the next six months.

The lowest amount generated for 12-month paper was Rs 25 million at 7.67 percent. The total amount of bids received for auctions of all maturities of T-bills was 1,905 trillion rupees.

For more information, please get in touch with Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World CityRudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom ValleyNew Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart CitySilver City Islamabad, The Life ResidenciaFaisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts

Categories

Leave a Reply

Your email address will not be published. Required fields are marked *

ATTENTION

Experience luxury living just 20 minutes from Islamabad. With monthly installments starting at just 25,000 PKR, you can secure your dream home with No down payment and no hidden charges. Explore the perfect blend of comfort and convenience today!

Book Now