All bids rejected for treasury bills sale

09 Jun, 2004

The State Bank of Pakistan (SBP) on Tuesday rejected all the bids for the sale of Treasury Bills, while it had a target of Rs 15 billion.
The SBP had invited the T-bills of three-month and 12-month maturity.
For three-month T-bills Rs 14.649 billion and for 12-month Rs 10.605 billion were offered.

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