The commercial banks offered treasury bills worth of Rs31.85 billions to the SBP for 5 days which the latter accepted against 12.15 percent rate of interest.
Money market dealers are expecting another OMO from the SBP in view of an outflow of Rs31 billion rupees from the banking system tomorrow.
On the other hand, interest rate on Pakistan Investment Bonds has increased by 25 basis points to 12.2 percent.LINK
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