Updated on
Summary
The State Bank of Pakistan has provided Rs 16.50 billion to the commercial banks to inject liquidity into the Money Market, Dunya News reported on Saturday. The central bank had received offers of Rs 39.45 billion for re-buying T-bills and Pakistan Investment Bonds (PIBs). The bank accepted the offers of Rs 16.50 billion. The Bank bought back PIBs and T-bills under 2-day reverse-repo at 12.4 percent.
