SBP gives Rs 21 billion to commercial banks

SBP gives Rs 21 billion to commercial banks
Updated on

Summary

The State Bank of Pakistan has provided Rs 21 billion to the commercial banks to inject liquidity into the Money Market, Dunya News Tuesday reported. The central bank had received offers of Rs 29.95 billion for re-buying T-bills and Pakistan Investment Bonds (PIBs). The bank accepted offers of Rs 21 billion. The Bank bought back PIBs and T-bills under 4-day reverse-repo at 12.31 percent.
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