The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
The Rs 8,000 million Market Treasury Bills were sold in a five-day repo operation at 8.49 percent, while Rs 4,000 million Market Treasury Bills were sold in a 10-day repo operation at 8.50 percent.