Updated on
Summary
The State Bank of Pakistan has pulled extra money of Rs 17 billion out of money market by selling of T-bills on Thursday. The Central Bank withdrew the money through repo sales. The bank will re-buy sold T-bills after 8 days and will pay profit at the annual rate of 12.19 percent. Money Market dealers made offers worth 25.10 billion rupees. The bank has sold T-bills of worth Rs 45.50 billion during last three days.
