SBP adds Rs 292b in money market

SBP adds Rs 292b in money market
Updated on

Summary State Bank of Pakistan has injected Rs 292 billion in market through OMO to end liquidity crunch.

According to the State Bank of Pakistan, the central bank will pay 11.66 percent markup on Treasury Bills and Pakistan Investment bonds, purchased for seven days during open market operation.During OMO, dealers offered bids for the sale of T-bills worth Rs 315.90 billion.
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