Monday, May 10, 2010

SBP Sells T-bills of Rs 7.5bn

Latest About News To absorb the excess liquidity out of the market, State Bank of Pakistan has sold T-bills of worth Rs 7.5 billion through Open Market Operation.
The Central Bank received offers worth Rs 14 billion of which SBP accepted the offers of Rs 7.55 billion on which interest rate is 10.94 percent with 4 days period.

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