Karachi: The State Bank of Pakistan (SBP) has injected Rs10.95 billion in the money market to end the liquidity crunch.
The SBP conducted Open Market Operation (OMO) under reverse repo and accepted bids for market treasury bills and Pakistan Investment Bonds. According to an announcement of the SBP, the amount is offered for 4 days at 12.91 percent. Primary dealers have offered a bid of Rs21.65 billion in OMO.
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