Updated on
Summary
State Bank of Pakistan has provided Rs62.15 billion to the commercial banks to inject liquidity into the Money Market.The main bank received offers of Rs 102.35billion for re0buying T-bills and Pakistan Investment Bonds (PIBs). The bank accepted the offer of Rs62.15billion.The central bank bought back PIBs and T-bills under 7-day reverse-repo at the interest rate of 12.8%.
