AIRLINK 206.03 Decreased By ▼ -6.79 (-3.19%)
BOP 10.01 Decreased By ▼ -0.24 (-2.34%)
CNERGY 6.67 Decreased By ▼ -0.33 (-4.71%)
FCCL 33.25 Decreased By ▼ -0.22 (-0.66%)
FFL 16.72 Decreased By ▼ -0.92 (-5.22%)
FLYNG 21.74 Decreased By ▼ -0.08 (-0.37%)
HUBC 127.11 Decreased By ▼ -2.00 (-1.55%)
HUMNL 13.85 Decreased By ▼ -0.01 (-0.07%)
KEL 4.72 Decreased By ▼ -0.14 (-2.88%)
KOSM 6.86 Decreased By ▼ -0.07 (-1.01%)
MLCF 42.40 Decreased By ▼ -1.23 (-2.82%)
OGDC 211.00 Decreased By ▼ -1.95 (-0.92%)
PACE 6.92 Decreased By ▼ -0.30 (-4.16%)
PAEL 41.25 Increased By ▲ 0.08 (0.19%)
PIAHCLA 16.60 Decreased By ▼ -0.23 (-1.37%)
PIBTL 8.40 Decreased By ▼ -0.23 (-2.67%)
POWER 8.80 Decreased By ▼ -0.01 (-0.11%)
PPL 181.19 Decreased By ▼ -1.84 (-1.01%)
PRL 38.40 Decreased By ▼ -1.23 (-3.1%)
PTC 24.61 Decreased By ▼ -0.12 (-0.49%)
SEARL 97.20 Decreased By ▼ -0.81 (-0.83%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 40.63 Decreased By ▼ -1.10 (-2.64%)
SYM 18.05 Decreased By ▼ -0.81 (-4.29%)
TELE 9.05 Increased By ▲ 0.05 (0.56%)
TPLP 11.97 Decreased By ▼ -0.43 (-3.47%)
TRG 64.65 Decreased By ▼ -1.03 (-1.57%)
WAVESAPP 10.80 Decreased By ▼ -0.18 (-1.64%)
WTL 1.87 Increased By ▲ 0.08 (4.47%)
YOUW 4.05 Increased By ▲ 0.02 (0.5%)
BR100 11,750 Decreased By -116 (-0.98%)
BR30 35,442 Decreased By -255.7 (-0.72%)
KSE100 112,860 Decreased By -1288.9 (-1.13%)
KSE30 35,477 Decreased By -475.1 (-1.32%)

imageSHANGHAI: China's finance ministry will auction 60 billion yuan ($9.70 billion) of three-month deposits to commercial banks on Dec 18, the People's Bank of China said in a statement on Monday.

Banks will bid for the right to take the deposits.

The sale, like previous such exercises, is part of the finance ministry's cash management programme.

The auction will be conducted by the central bank on behalf of the finance ministry, the central bank said in a statement published on its website.

Copyright Reuters, 2014

Comments

Comments are closed.