SBP injects Rs 546,400 mln into market

KARACHI: State Bank of Pakistan on Friday injected Rs 546,400 million for seven days through its reverse repo open market operation in Government of Pakistan Market Treasury Bills and Pakistan Investment Bonds.

The bids offered were of Rs 547,200 million. Of these, Rs 546,400 million bids were accepted and the rate of return is 9.01 percent , SBP release said here.