SBP sells T-bills worth Rs 4 billion

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SBP sells T-bills worth Rs 4 billion

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The central bank sold T-bills to absorb extra money from the market.

10 June,2011 08:46 pm

The State Bank of Pakistan (SBP) sold T-bills worth Rs 4 billion for 6 days. The bills have been sold at 12.24 percent interest per annum. The primary dealers have offered Rs 14 billion bid for bills.