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SBP injects Rs588.850bn

KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation (OMO) in treasury bills and Pakistan I
Published February 1, 2013 Updated February 1, 2013 12:54pm
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By Shoaib Ur Rehman
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SBP KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation (OMO) in treasury bills and Pakistan Investment Bonds has injected Rs 588.850 billion in the banking system.

 

According to SBP here Friday, the offered amount was Rs. 624.850 billion while the rate of return for 7-day declined to 8.78 percent per annum.

 

 

Copyright APP (Associated Press of Pakistan), 2013

State Bank of Pakistan (SBP)

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