SBP injects Rs 416.1 billion in reverse repo

The State Bank of Pakistan.—File Photo

KARACHI: The State Bank of Pakistan (SBP) in a seven-day reverse repo open market operation in treasury bills and Pakistan Investment Bonds has injected Rs 416.100 billion in the banking system.

According to SBP here Friday, the offered amount was Rs 416.100 billion while the rate of return declined to 11.50 per cent per annum.

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