Updated on
Summary The State Bank of Pakistan (SBP) conducted the open market operation on 4th consecutive day.
The central bank has withdrawn Rs 7.5 billion additional investment from the market by selling T-bills. The bills were sold at a profit of 12 percent per year. During the last four days the bank sold T-bills worth Rs 87.95 billion by reducing profit ratio by 25 basis points.Earlier, the bank had sold the T-bills in four days by open market operations worth Rs 28.5 billion at the interest rate of Rs 12.19 percent.
