SBP injects 9 billion in money market

The State Bank of Pakistan (SBP) has injected 9.70 billion rupees in the money market to fill the investment gap, Dunya News reported on Friday.
The central bank provided the money by purchasing treasury papers through open market operations. 12.27% annual interest rate would be charged by the bank on the money provided.
On the other hand money market dealers had offered treasury papers worth 20.40 billion rupees for the open market operations.

SBP injects Rs27b to overcome liquidity crunch

The State Bank of Pakistan (SBP) injected Rs 1.29 trillion in the system in order to overcome liquidity crunch in the money market during.
According to report, SBP provided the money for four days
The central bank bought government papers worth Rs 29.50 billion. Mark-up on the T-Bills is 2 percent per year.

SBP Injects 94 Billion To Overcome Liquidity runch

The State Bank of Pakistan (SBP) released Rs 94 billion to commercial banks in order to overcome liquidity crunch in the money market.
SBP conducted open market operation to repurchase Pakistan Investment Bonds (PIB) and Treasury Bills (T-Bills). SBP received offers worth Rs 129.4 billion of which Rs 94 billion offers were accepted. The repurchased PIBs and T-Bills were termed for nine days and had mark up of 12.3 percent.

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SBP Injects 94 Billion To Overcome Liquidity runch was first posted on February 20, 2010 at 1:40 pm.

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