
Updated at: 2108 PST, Wednesday, January 14, 2009 KARACHI: The State Bank of Pakistan (SBP) Wednesday mopped up Rs85 billion by issuing Treasury Bills of 3, 6 and 12-month tenors.Commercial banks offered Rs190 billion for purchasing the T-Bills yesterday.The Repo rate has slipped below even 1 per cent to 0.75 per cent due to excess liquidity in the banking system.
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