State Bank of Pakistan injects Rs 725 billion into money market

Shares
State Bank of Pakistan injects Rs 725 billion into money market

KARACHI :State Bank of Pakistan link on Friday injected Rs 725 billion link into money link market link for seven days as reverse repo purchase through its open market link operation.

Eighteen bids of Rs 830.050 billion link were offered, of which 16 bids of Rs 725 billion link were accepted.

The rate of return accepted is 13.27 percent per annum, said SBP press release.

More from this category