SBP raises Rs634.8bn from T-bill, PIB auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised a collective amount of Rs634.8 billion from the auction of Pakistan Market Treasury Bills (T-bills), and floating-rate Pakistan Investment Bonds (PIBs), with both auctions held on Wednesday. Specifically, the government raised Rs547.8 billion through T-bills, against the auction target of Rs450 billion, and Rs87 billion through the sale ...

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Karachi mayor accuses Sindh govt of hindering progress before bidding farwell

–‘They want to loot the city’, says Waseem Akhtar in a reference to Sindh government –Lashes out at PM Imran for sending NDMA to Karachi, urges him to visit Karachi KARACHI: Karachi Mayor Waseem Akhtar, in the final press conference of his tenure on Monday, accused the Sindh government of hindering progress in the port city, saying the provincial government did ...

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