Central bank buys Rs43.57 billion of T-Bills

Posted on May 9, 2009

KARACHI: State Bank of Pakistan (SBP) bought back Rs43.57 billion ($540.9 million) of Treasury bills on Saturday under seven day reverse-repo contracts at 12.81 percent to inject liquidity into the money market.

Tags: inject liquidity, reverse-repo contracts, SBP, State Bank of Pakistan, Treasury bills