KARACHI(APP) - State Bank of Pakistan (SBP) in its reverse repo open market operation in treasury bills and Pakistan
Investment Bond has injected another Rs 49 billion on December 27, 2011.
According to SBP here Tuesday, the offered amount was Rs 55 billion for three-day and 10-day reverse repo. The rate of return for 10 days reverse repo is 11.57 percent. SBP rejected the offer of Rs 6 billion for three days.