menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Govt slashes T-bill rates by up to 41bps

16 1
24.01.2025

KARACHI: The government again slashed the cut-off yields on treasury bills at the auction on Wednesday, reflecting a higher possibility of ano­t­her interest rate next week.

The T-bills rates were cut by up to 41 basis points as the government raised the amount within the auction target. The return on a 12-month tenor was redu­ced by 41bps to 11.38pc compared to 49bps at the auction held on Jan 8, making the total reduction of 90bps this month. The State Bank of Pakis­tan’s (SBP) policy rate is 13pc, slashed by........

© Dawn Business