SBP accepts tenders of Rs67,795.021m for PMTs sale

KARACHI (APP) - State Bank of Pakistan on Wednesday accepted tenders of Rs 67,795.021 million for sale of 3-months, 6-months and 12-months Government of Pakistan Market Treasury Bills . According to SBP statement issued here , the face value of the tenders accepted was Rs 70, 267.7 million. The tenders offered amounted Rs 79,887.621 million, with face value of Rs 82,767.7 million. Meanwhile, State Bank of Pakistan has announced that the rate of remuneration on 20 percent Special Cash Reserve Account maintained by banks and Non-Bank Financial Institutions with SBP for the month of January 2009 will be zero (0) per annum.

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