SBP sells 26bn rupees of T-bills

KARACHI: The State Bank of Pakistan sold 26 billion rupees of treasury bills on Friday under a six-day repo contract at 11.70 percent to mop up liquidity in the money market.

By
AFP
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SBP sells 26bn rupees of T-bills
KARACHI: The State Bank of Pakistan (SBP) sold 26 billion rupees ($301.6 million) of treasury bills on Friday under a six-day repo contract at 11.70 percent to mop up liquidity in the money market.