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SBP accepts bids of Rs. 22,000m in OMO

SBP accepts bids of Rs. 22,000m in OMO
Updated at: 1951 PST, Friday, November 20, 2009
SBP accepts bids of Rs. 22,000m in OMO KARACHI: State Bank of Pakistan (SBP) accepted bids of Rs. 22,000 million during its Reverse Repo Open Market Operation (Injection) in Government of Pakistan Market Treasury Bills and Pakistan Investment Bonds.

The bids offered for 02-Days (Injection) amounted Rs. 28,900 million.

The rate of return is 12.36 percentage, said an SBP statement issued here.

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