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SBP injects Rs720bn into market    

Published June 13, 2018 Updated June 13, 2018 12:42pm

Twenty three quotes were accepted for 7 days OMO tenor and the rate of return accepted is 6.53 percent per annum. Four quotes were accepted for one day OMO tenor and the rate of return accepted is 6.57 percent per annum, said SBP.

The total amount offered at 6.53 percent in 9 days OMO was Rs 455 billion, out of which State Bank accepted Rs 413.3 on pro-rata basis.

Copyright APP (Associated Press of Pakistan), 2018