THE central bank continued to pump in liquidity into the banking system last week, injecting Rs897.1bn through an open market operation on Friday.

The injection followed a Treasury bill auction on Wednesday, when banks and other investors Rs160.575bn worth of funds into T-bills of various tenors.

Of the total, six-month T-bills fetched the government Rs95.92bn at a cut-off yield of 7.8569pc, followed by 12-month T-bills with Rs62.355bn at 7.7683pc and three-month T-bills with just Rs2.3bn at 7.9197pc.

Six-month Treasury bills fetched the highest amount of Rs95.92bn during the latest T-bill auction

The central bank had received bids worth a much bigger Rs387.746bn. Of these, six month T-bills had attracted the highest amount of Rs201.384bn, followed by 12-month T-bills with Rs168.465bn and three-month T-bills with Rs17.897bn.

Cash and balances with treasury banks of all commercial banks stood at Rs700.006bn in the week, against the preceding week’s figure of Rs753.261bn, down 7.06pc. Cash and balances with treasury banks of all specialised banks stood at Rs3.588bn in the week, against the preceding week’s figure of Rs3.453bn.According to the weekly statement of position of all scheduled banks for the week ending April 3, cash and balances with treasury banks of all scheduled banks decreased 7.02pc to Rs703.594bn, against the earlier prior week’s level of Rs756.714bn.

Investments of all commercial banks stood at Rs5,771.548bn in the week, against the preceding week’s figure of Rs5,678.640bn, depicting a rise of 1.64pc. Investments of all specialised banks stood at Rs28.788bn in the week, against the preceding week’s figure of Rs25.736bn.Investments of all scheduled banks stood at Rs5,800.335bn in the week under review, against the preceding week’s figure of Rs5,704.377bn, showing a rise of 1.68pc.

Gross advances by scheduled banks stood at Rs4,431.081bn in the week ending April 3, down 0.01pc over the preceding week’s figure of Rs4,431.641bn. Advances by commercial banks fell to Rs4,285.082bn in the week, against the previous week’s Rs4,285.644bn. Advances by specialised banks stood at Rs145.999 in the week.

Total assets of all scheduled banks stood at Rs11,961.784bn in the week under review, up 0.31pc over the preceding week’s Rs11,925.014bn. Total assets of all commercial banks stood at Rs11,774.015bn in the week.

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