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Top News

SBP injects Rs 27.450bn

Published May 21, 2012 Updated May 21, 2012 10:24am

KARACHI: State Bank of Pakistan in its reverse repo open market operation in treasury bills and Pakistan Investment Bonds has injected Rs 27.450 billion in the banking system.

According to SBP here Monday, the offered amount was Rs 54.200 billion while the rate of return stood at 11.60 percent per annum.

Copyright APP (Associated Press of Pakistan), 2012

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