Pakistan Govt Borrowings From Banks Surge | Dawn News English

Exceeding the Rs450 billion treasury bills auction target, the government raised Rs640 billion on Wednesday but reduced the cut-off yields for different tenors by up to 49 basis points.

However, it received bids amounting to over Rs1.8 trillion, reflecting the investors’ willingness to park their maximum liquidity in risk-free government papers, mainly when the investment environment is not conducive.

FULL STORY: https://www.dawn.com/news/1833755/
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