INP-WealthPk
Govt raises Rs114.48bn through 10-year floating-rate PIBs
December 26, 2025
Abdul Ghani
The government raised Rs114.48 billion through the auction of 10-year Pakistan Investment Bonds (Floating Rate), according to an official auction document issued by the State Bank of Pakistan.
The semi-annual auction was held on December 24, 2025, with settlement scheduled for December 26, 2025. Total bids amounting to Rs669 billion in face value terms were offered for the 10-year tenor.
Out of the competitive bids, bonds with a face value of Rs105 billion were accepted. In addition, non-competitive bids worth Rs9.48 billion were also accepted, bringing the total acceptance to Rs114.48 billion in face value terms.
According to the document, the cut-off price for the accepted competitive bids was fixed at 96.3992. The realized amount from these bids stood at Rs101.22 billion, while accrued interest amounted to Rs5.25 billion, taking the total realized amount to Rs106.47 billion.
The price range quoted during the auction was reported between 96.3998 and 93.3029, as per figures released by the Domestic Markets and Monetary Management Department of the central bank.
Credit: INP-WealthPk
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