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Results for Tag: Mops

SBP mops up Rs6.522 billion from Sukuk

KARACHI - State Bank of Pakistan has mopped up Rs 6.522 billion through the sale of Ijara Sukuk. The SBP received bids worth over Rs9 billion, but accepted only Rs 6.522 billion. As per the Rules, the maturity period of the first Sukuk

SBP mops up Rs 2b from banks

State Bank of Pakistan (SBP) conducting its open market operation (OMO) through government of Pakistan market treasury bills acquired Rs 2 billion for four days at a cut-off rate of 9.99 percent. The banks had offered to purchase T-Bills