The government raised Rs532.188 billion from the auction of Pakistan Market Treasury Bills of various tenors held last Thursday as compared to the received bids of Rs612.058bn and the auction target of Rs650bn.

Of the total raised amount, three-month T-bills fetched the highest amount of Rs402.267bn at a cut-off yield of 5.9910pc, followed by six month T-bills of Rs120.488bn at 6.0109pc and 12-month T-bills of Rs9.432bn at 6.0386pc.

Three-month T-bills attracted the highest amount of Rs.447.391bn: six-month T-bills Rs148.634bn, and 12-month T-bills Rs16.032bn.

According to the weekly statement of position of all scheduled banks for the week ended June 23, deposits and other accounts of all scheduled banks stood at Rs1,1706.601bn after a 2.50 per cent increase over the preceding week’s figure of Rs1,1421.347bn.

Compared with last year’s corresponding figure of Rs10,060.188bn, the current week’s figure was higher by 16.36pc.

Deposits and other accounts of all commercial banks rose by 2.54pc against the preceding week

Deposits and other accounts of all commercial banks stood at Rs1,1635.998bn against the preceding week’s deposits of Rs1,1347.133bn, showing a rise of 2.54pc. Deposits and other accounts of specialised banks stood at Rs70.603bn, lower by 4.86pc against previous week’s figure of Rs74.213bn.

Total assets of all scheduled banks stood at Rs16,465.707bn, higher by 2.74pc over preceding week’s figure of Rs16,025.975bn. Current week’s figure is higher by 14.62pc compared to last year’s corresponding figure of Rs14,365.309bn.

Total assets of all commercial banks stood at Rs16,208.413bn,higher by 2.78pc over previous week’s figure of Rs15,769.451bn, while total assets of specialised banks at Rs257.294bn, were larger 0.30pc over the previous week’s Rs256.525bn.

Gross advances of all scheduled banks stood at Rs6,056.180bn, higher by 0.77pc over the preceding week’s figure of 6,009.881bn. Compared with last year’s corresponding figure of Rs5,113.688bn, current week’s figure is higher by 18.43pc.

Advances by all commercial banks increased to Rs5,886.437bn from previous week’s Rs5,840.763bn indicating a rise of 0.78pc, whereas advances of specialised banks stood at Rs169.743bn against previous week’s 169.118bn.

Borrowings by all scheduled banks increased in the week under review. It rose by 6.00pc to Rs2,532.983bn against previous week’s Rs2,389.783bn. Compared to last year’s corresponding figure of Rs2,245.107bn, current week’s figure is higher by 12.82pc.

Borrowings by commercial banks in the week at Rs2,492.986bn were higher by 5.90pc against previous week’s Rs2,354.082bn. Borrowings by specialised banks stood at Rs39.997bn against the previous week’s Rs35.702bn.

Investments of all scheduled banks stood at Rs8,111.798bn against preceding week’s figure of Rs7,928.504bn, showing a rise of 2.31pc.

Compared to last year’s corresponding figure of Rs7,542.990bn, current week’s figure is higher by 7.54pc.

Investments by all commercial banks stood at Rs8,062.417bn, higher by 2.46pc against preceding week’s figure of Rs7,869.130bn, whereas investment by all specialised banks stood at Rs49.380bn against preceding week’s figure of Rs59.374bn