Updated on
Summary
The State Bank of Pakistan has sold T bills of Rs 6.30 billion to the commercial banks to absorb additional liquidity from the Money Market. The central bank had received offers of Rs 8.50 billion for re-buying T-bills through open market option. The bank accepted offers of Rs 6.30 billion. The central bank sold T-bills under 2-day reverse-repo at interest rate of 11.25 percent.
