FLASHNEWS:

Short-Term Rates Update from State Bank of Pakistan Shows Stability in Bid-Offer Spreads

Karachi: The State Bank of Pakistan released its latest data on short-term interest rates, revealing consistent bid-offer spreads across various tenors. The rates, reflecting the yields on government securities, show minimal fluctuation, indicating a stable financial environment.

The one-week tenor displays a bid rate of 11.94 and an offer rate of 12.44. For the two-week tenor, the bid stands at 11.91 with an offer of 12.41. The one-month tenor closely follows with a bid of 11.87 and an offer of 12.37.

In the longer tenors, the three-month rate shows a bid of 11.85 against an offer of 12.10. The six-month tenor presents a bid of 11.83 and an offer rate of 12.08.

The nine-month tenor has a bid rate at 11.78 and an offer at 12.28, while the one-year tenor concludes the data with a bid of 11.77 and an offer of 12.27.

These figures, sourced from the State Bank of Pakistan, provide insights into the current monetary policy environment and its implications for investors and policymakers.