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SBP to buy govt. paper in reverse repos
 


June 22, 2012 - Updated 1026 PKT
From Web Edition
 
 



KARACHI: Pakistan's central bank said it would buy government paper from commercial banks on Friday in seven-day and 14-day reverse repos to inject funds into the money market.

 

The State Bank of Pakistan did not say how much money it would inject through the open market operations. The result of the auction will be announced at 1030 a.m. (0530 GMT) and settlement will be later in the day.

 

 
 
 
 
 
 
 
 
 
 
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