SBP to Conduct OMO Reverse Repo Purchase, Sharia compliant Mudarabah based (Injection)

MG News | February 24, 2023 at 11:12 AM GMT+05:00

0:00

February 24, 2023 (MLN): The State Bank of Pakistan (SBP) has invited the quotes for Open Market Operations (OMO) for Reverse Repo Purchase (Injection) and Shariah Compliant Mudarabah based OMO injection for 7-day.

Scheduled Banks, DFIs, and Primary Dealers are eligible for the Reverse Repo Purchase (Injection) while All Islamic Banks and Islamic Bank Branches are eligible for the Shariah Complaint OMO.

Quotes Timings for Reverse Repo Purchase: Upto 1045 hours

Quotes Timings for Shariah Compliant OMO: From 1100-1130 hours

OMO result will be announced at 1200 hours

It is important to note that the quotes can be rejected without assigning any reason.

Copyright Mettis Link News

Related News

Pakistan, Saudi Arabia sign Strategic Mutual Defense Agreement

Fed delivers 25 basis-point rate cut

Pakistan-IMF talks to begin Sept 25 amid unmet reform targets

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,970.00	117,685.00 114,850.00	-1120.00 -0.96%
BRENT CRUDE	67.97	68.59 67.62	-0.50 -0.73%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.05	64.67 63.69	-0.47 -0.73%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%