State Bank sells T-bills worth Rs. 43.85 billion

State Bank sells T-bills worth Rs. 43.85 billion
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Summary

State Bank of Pakistan sold 43.85billion rupees of Treasury bills today through open market. SBP received 55.80 billion in prediction from which 43.85 billion were accepted. Sold T-bills are under 5-day repo contracts at 10.7 percent to absorb extra liquidity from the money market.
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