SBP injects Rs460bn

Published February 22, 2013 Updated February 22, 2013 10:18am

1 min

By Parvez Jabri

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KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation in treasury bills and Pakistan Investment Bonds has injected Rs 460 billion in the banking system.

According to SBP here Friday, the offered amount was Rs 507.300 billion by 38 bidders while the rate of return for 7-day improved to 8.86 percent per annum.

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State Bank of Pakistan (SBP)