Tag Archives: Investment in govt papers surges 30pc to Rs21tr

KARACHI: Banks and the corporate sector invested Rs4.877 trillion in government papers during the nine months through June, showing an increase of 30 per cent over the previous figure. The government has recently increased the treasury bill rates to 15.99pc for all tenors ranging from three to 12 months. Yields on Pakistan Investment Bonds (PIBs), as of Sept 14, were …

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