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

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

Add Mettisglobal as a Trusted Source on Google

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

Key Pakistan Market Stats and Economic Indicators

SBP reserves rise $66m to $17.15bn

Sindh, World Bank review Karachi water network

Name	Price/Vol	%Chg/NChg
KSE100	172,554.87 19.05M	-0.81% -1407.94
ALLSHR	103,548.36 42.17M	-0.61% -630.26
KSE30	51,693.60 8.67M	-0.91% -472.73
KMI30	248,400.11 7.99M	-0.84% -2096.37
KMIALLSHR	67,360.19 24.79M	-0.71% -483.87
BKTi	46,945.99 2.55M	-1.02% -484.12
OGTi	36,123.16 0.34M	-0.73% -263.80

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	73,775.00	74,385.00 73,390.00	60.00 0.08%
BRENT CRUDE	93.41	93.60 92.20	2.29 2.51%
RICHARDS BAY COAL MONTHLY	117.00	0.00 0.00	0.25 0.21%
ROTTERDAM COAL MONTHLY	130.25	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	89.85	90.20 88.45	2.49 2.85%
SUGAR #11 WORLD	14.07	0.00 0.00	0.01 0.07%