SBP to conduct OMO (Mop up)

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MG News | September 25, 2023 at 11:04 AM GMT+05:00

September 25, 2023 (MLN): The State Bank of Pakistan (SBP) has invited quotes for Open Market Operations (OMO) for the mop-up (Sale).

Scheduled Banks, DFIs, and Primary Dealers are eligible for the mop-up (Sale).

OMO Tenor: 7-day (Maturity Date: 02-Oct-23)

Quotes Timings: Upto 1130 hours

OMO Settlement: Same day (Monday, September 25, 2023) 

OMO Result: At 1200 hours

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

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