State Bank Of Pakistan Injects Rs 476.150 Bn Into Market

Faizan Hashmi Published November 08, 2019 | 11:24 PM

State Bank of Pakistan injects Rs 476.150 bn into market

State Bank of Pakistan (SBP) on Friday injected Rs 476.150 billion into money market for seven days as repo purchase through its open market operation

KARACHI, (UrduPoint / Pakistan Point News - 8th Nov, 2019 ):State Bank of Pakistan (SBP) on Friday injected Rs 476.150 billion into money market for seven days as repo purchase through its open market operation.

Fourteen bids were offered and all were accepted.

The rate of return accepted is 13.29 percent per annum, said a SBP press release.

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