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Summary
The government has rejected all the bids for sale of T-bills on Thursday. The government has set the target to sell Rs 20 billion T-bills in the third quarter of 2010 fiscal year. According to State Bank of Pakistan (SBP), overall target has been set to sell T-bills for Rs 19.14 billion. A bench mark for 10-year T-bills has been floated for 13 to 13.3 percentage.
