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SBP injects Rs485.550 billion in the market

August 17, 2012

The State Bank of Pakistan — File Photo
The State Bank of Pakistan — File Photo

KARACHI: The State Bank of Pakistan (SBP) through reverse repo open market operation, in treasury bills and Pakistan Investment Bonds, has injected Rs485.550 billion in the banking system.

According to SBP here Friday, the offered amount was Rs485.550 billion while the rate of return for seven days stood at 9.95 per cent and for 14 days at 10.10 per cent per annum.