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Pakistani c.bank to buy T-bills in 5-day repo
Reuters - Monday, September 8
KARACHI, Spet 8 - Pakistan's central bank said it will buy Treasury bills from commercial banks on Monday in five-day reverse-repo contracts to inject liquidity in the money market.
The State Bank of Pakistan did not say how much money it will inject in the open market operation.
The result of the auction will be announced at 10:45 a.m and settlement will be later in the day.
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