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Pakistani c.bank to sell T-bills in 1-day repo
Reuters - 2 hours 19 minutes ago
KARACHI, Nov 7 - Pakistan's central bank said on Friday it will sell Treasury bills under one-day repo contracts to mop up liquidity from the money market.
The State Bank of Pakistan did not say how much money it will absorb from the open market operation.
The result of the auction will be announced at 11:00 a.m. and settlement will be later in the day.
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