SBP provides Rs 110.80 billion to commercial banks

SBP provides Rs 110.80 billion to commercial banks
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Summary

The State Bank of Pakistan has provided Rs 110.80 billion to the commercial banks to inject liquidity into the Money Market, Dunya News Saturday reported. The central bank had received offers of Rs 123 billion for re-buying T-bills and Pakistan Investment Bonds (PIBs). The bank accepted the offers of Rs 110.80 billion. The Bank bought back PIBs and T-bills under 7-day reverse-repo at 12.27 percent.
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