KARACHI: The State Bank of Pakistan (SBP) on Tuesday accepted bids of Rs 11.1 billion during its open market operation (Bai Mujjal-Outright Purchases of GIS); with deferred price of Rs 113.1738 million accepted.

The bids offered for 12-month tenor amounted to Rs 12.1 billion. No bid was offered for 6-month tenor, said an SBP statement.

Copyright APP (Associated Press of Pakistan), 2015