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Wednesday, March 10, 2010

SBP buys 22.7 bn rupees of T-bills

SBP buys 22.7 bn rupees of T-billsKARACHI: The State Bank of Pakistan (SBP) bought back 22.70 billion rupees ($268.51 million) of treasury bills and government bonds on Wedneday in 3-day reverse-repo contracts at 12.04 percent to inject funds into the money market.

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