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SBP to sell treasury bills in repo

KARACHI : State Bank of Pakistan (SBP) said it would sell treasury bills to commercial banks on Friday in 6-day repo to
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By Imad Uddin
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State Bank of Pakistan buildingKARACHI: State Bank of Pakistan (SBP) said it would sell treasury bills to commercial banks on Friday in 6-day repo to mop up funds from the money market.

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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