Published On: Tue, Dec 31st, 2013
Published in Category: Business / Karachi

SBP mops up Rs 41,000 mln in OMO

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KARACHI: State Bank of Pakistan (SBP) on Monday mopped up Rs 41,000 million for 25 days through its open market operation (OMO) for the outright sale of Government of Pakistan Market Treasury Bills.

The bids received amounted Rs 49,000 million. The rate of return is 10.68 percent, said a SBP release here.