SBP injects Rs308 billion in open market

04 Apr, 2014

KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 308.150 billion into open money market for seven days during its open market operation.

According to SBP statement here, out of 25 quotes offered for 7-days tenor which amounted Rs. 360,300 million, 14 quotes worth Rs. 308,150 million were accepted.

The rate of return is 10.5 percent.

Read Comments