State Bank injects Rs1.5 billion

KARACHI: The State Bank of Pakistan (SBP) on Tuesday injected Rs1.5 billion into the banking system, a statement said.

The central bank accepted bids worth Rs1.5 billion against an offered amount of Rs8 billion in reverse repo open market operation for three days in the government of Pakistan Market Treasury Bills and Pakistan Investment Bonds at 10.48 percent annual rate of return, it added.

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