Tag Archives: PIBs rates cut again by up to 65bps

KARACHI: The most attractive long-term domestic papers — Pakistan Investment Bonds (PIBs) — witnessed another significant cut up to 65 basis points in the auction held on Thursday. The auction was held for fixed rate PIBs. The government, which has been raising maximum liquidity from banks, slashed cut-off yields on all PIBs for all tenors. The details issued by the …

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