Updated on
Summary Three-month-old shortage of capital in money market has come to an end.
In view of the change in situation, the State Bank launched an operation in the open market to take out additional capital. In order to hit the target, the central bank sold T-bill for three days. Primary dealers have offered to purchase bills worth Rs 5 billion. However, the State Bank sold T-bills worth Rs 3 billion of which profit would be taken at the ratio of 10.4%.
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