Updated on
Summary
The State Bank of Pakistan has provided Rs 23 billion to the commercial banks to inject liquidity into the Money Market. The central bank received offers of Rs 69.70 billion for re-buying T-bills and Pakistan Investment Bonds (PIBs) by operation market operation. The central bank accepted offers of Rs 23 billion. The central bank bought back PIBs and T-bills under 2-day reverse-repo at interest rate of 12.04 percent.
