SBP accepts Rs 87,300m bids in OMO

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State Bank of Pakistan (SBP) on Monday accepted bids of Rs 87,300 million during its reverse repo open market operation (Injection) in Government of Pakistan Market Treasury Bills and Pakistan Investment Bonds.The total bids received were Rs 90,300 million and the rate of return is 9.20 percent. The tenure of injection is 4 days, says SBP release here.