Updated on
Summary
The State Bank of Pakistan has provided Rs 147.80 billion to the commercial banks to inject liquidity into the Money Market. The central bank had received offers of Rs 28.90 billion 147.80 billion for re-buying T-bills and Pakistan Investment Bonds (PIBs). The bank accepted all these offers. The central bank bought back PIBs and T-bills under 7-day reverse-repo at interest rate of 11.86 percent.
