Pakistani c.bank to buy T-bills in reverse repo
KARACHI, April 6 (Reuters) Pakistan's central bank said it would buy back Treasury bills from commercial banks on Thursday in a nine-day reverse repo operation to inject liquidity into a tight money market.
The State Bank of Pakistan did not say how much funds it would inject into the market.
The results of the auction will be announced at 11:15 a.m.
(0615 GMT) and settlement will be later in the day.
REUTERS SS BD2042
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Story first published: Thursday, April 6, 2006, 21:07 [IST]