Bank withdrawal
The Reserve Bank yesterday withdrew SIOM from the money markets by selling treasury bills. Bills maturing on January 29 worth S6M were sold at 16.50 per cent, and July bills worth S4M were sold between 16.66 per cent and 16.68 per cent. Bids totalled S4BM.
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Bibliographic details
Press, 22 January 1988, Page 22
Word Count
47Bank withdrawal Press, 22 January 1988, Page 22
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