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SBP to sell treasury bills in repo on Monday

KARACHI : State Bank of Pakistan (SBP) said it would sell treasury bills to commercial banks on Monday in a three-day re
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By Syed Murtaza Gheblehzadeh
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sbpKARACHI: State Bank of Pakistan (SBP) said it would sell treasury bills to commercial banks on Monday in a three-day repo to mop up liquidity from the money market.

The SBP did not say how much money it would absorb through the open market operation.

Copyright Reuters, 2011

State Bank of Pakistan (SBP)

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