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KARACHI: The State Bank of Pakistan (SBP) increased the rate of return on the benchmark six-month market treasury bills to 13.39 per cent in an auction on Wednesday. In the previous auction held on November 15, the rate was 13.2 per cent. In Pakistan first auction took place on March 4, 1991. 292 nd auction of T bill was held on 04 Nov 09 and amount realized was Rs 19,983.10 million which is less than previous amount of Rs 20,759.08 million whilst weighted average yields were 12.425% ,12.551% and 12.5517% for 3,6 and 12 months resp . KARACHI: The State Bank of Pakistan has sold Rs319.93 billion worth of treasury bills in an auction held on Wednesday against the target of Rs350 billion set for the auction. The central bank

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