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| March 04, 2008 | Tuesday | Safar 25, 1429 |
SBP sells Rs1.5bn in 57-day repo
KARACHI, March 3: The State Bank of Pakistan sold Rs1.5 billion in 57-day Treasury bills at 9.45 per cent to primary dealers on Monday in an outright sale, to mop up funds from the money market.
It however rejected all bids by commercial banks for T-bills under three-day repo contracts.
—Reuters
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