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Pakistan

SBP injects Rs 202.2bn into market

  • Out of 11 offered bids of Rs 296.2 billion, 7 of Rs 202.2 billion were accepted. The rate of return accepted is 7.04 percent per annum.
Published March 11, 2021 Updated March 11, 2021 05:51pm
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KARACHI: State Bank of Pakistan on Thursday injected Rs 202.2 billion into money market for eight days as reverse repo purchase through its open market operation.

Out of 11 offered bids of Rs 296.2 billion, 7 of Rs 202.2 billion were accepted. The rate of return accepted is 7.04 percent per annum, said SBP release.

SBP money market

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