The State Bank of Pakistan (SBP) sold a total of Rs 28,200 million of Market Treasury bills on Thursday in a four-day and two week repo operation to mop up funds from the money market.
Rs 13, 100 million of Market Treasury Bills were sold in a four-day repo operation at 7.75 percent while Rs 15,100 million Market Treasury Bills were sold in a two-week repo operation at 7.95 percent.