State Bank buys T-bills of Rs 16.57 bn

State Bank buys T-bills of Rs 16.57 bn
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Summary

State Bank of Pakistan bought back Rs 16 billion of Treasury bills on Tuesday under four-day reverse-repo contracts at 12.12 percent to inject liquidity into a tight money market. The T-bills are of total Rs 16.57 billion. The main purpose of buying back these T-bills was to inject liquidity into a tight money market.
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