Markets

SBP mops up Rs 26,850 million from open market

Published July 18, 2013 Updated July 18, 2013 12:17pm

1 min

By Imad Uddin

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KARACHI: State Bank of Pakistan (SBP) on Thursday mopped up Rs 26,850 million during its open market operation in Government of Pakistan Market Treasury Bills under repo sale.

The bids offered were of the same amount. The rate of return is 8.25 percent per annum, said a SBP release here.

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State Bank of Pakistan (SBP)