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The State Bank of Pakistan (SBP) has invited tenders for the sale of Treasury Bills (TBs). The pre-auction target is Rs 50 billion. The TBs of 3-months (maturity on December 22, 2005); 6-months (maturity on March 30, 2006); and 12-months (maturity on September 28, 2006) will be invited separately by the Exchange and Debt Management Department, SBP through primary dealers on Tuesday and Wednesday up to 11.15 hours.

Copyright Business Recorder, 2005

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