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KARACHI, March 24: The State Bank of Pakistan, through its primary dealers, has invited tenders for sale of Market Treasury Bills (MTBs) from March 25 to 26, till 1115 hours.
The tenders invited separately for 3 months, 6 months and 12 months will be opened on March 26 at 1130 hours. The results will be announced the same day. The settlement date will be March 27 and the target is Rs45,000 million.
Maturity dates of MTBs sold in the present auction will be as follows: June 19, 2008, September 25, 2008 and March 26, 2009, respectively.—APP
