The State Bank of Pakistan (SBP) auction calendar plans to collect Rs7.6 trillion between December 2024 and February 2025.
How SBP Plans to Collect Rs7.6 Trillion
The government plans to raise Rs3.8 trillion through MTBs and another Rs3.8 trillion via PIBs. Here is the breakdown:
| Type | Target (Rs Billion) |
|---|---|
| MTBs | 3,800 |
| PIBs (Fixed Rate) | 1,050 |
| PIBs (Floating Rate) | 2,750 |
| Total | 7,600 |
Schedule for MTB Auctions
The SBP auction calendar includes six MTB auctions spread over three months. Here is the schedule:
December 2024
- Two auctions, each targeting Rs1,200 billion.
- Dates: December 12 and December 26
January 2025
- Two auctions, each aiming for Rs350 billion.
- Dates: January 09 and January 23
February 2025
- Two auctions: Each targeting Rs350 billion
- Dates: February 06 and February 20
PIB Auction Details
The SBP aims to raise Rs3.6 trillion through Pakistan Investment Bonds (PIBs).
Fixed-Rate PIBs
- Target: Rs1.05 trillion
- Plan: Three auctions, each targeting Rs350 billion
Floating Rate PIBs
- Target: Rs2.75 trillion
- Plan: Six auctions scheduled in the three months
Why These Auctions Are Important
These auctions will help the government manage its finances, stabilize the economy, and ensure smooth financial operations.
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