SBP adds Rs 26.5 billion in system

SBP adds Rs 26.5 billion in system
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Summary To end the shortage of liquidity from the market, the central bank has added Rs 26.5b under OMO.

The SBP added the money by purchasing T-bills for 7-day at an interest of 13.24 percent. The investors offered bids for Rs 28.5 billion under open market operation. It is a first OMO after the budget.