SBP to Conduct OMO Reverse Repo Purchase (Injection)

By MG News | January 05, 2024 at 09:55 AM GMT+05:00

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January 05, 2024 (MLN): The State Bank of Pakistan (SBP) has invited quotes for Open Market Operations (OMO) for the Reverse Repo Purchase (Injection).

Scheduled Banks, DFIs, and Primary Dealers are eligible for the Reverse Repo Purchase (Injection).

OMO Tenor: 04-day (Maturity Date: 12-Jan-24)

14-day (Maturity Date: 19-Jan-24)

28-day (Maturity Date: 2-Feb-24)

Quotes Timings: Upto 1030 hours

Shariah Compliant OMO:

OMO Tenor: 04-day (Maturity Date: 12-Jan-24)

14-day (Maturity Date: 19-Jan-24)

28-day (Maturity Date: 2-Feb-24)

Quotes Timings: From 1030-1100 hours

OMO Settlement: Same day (Friday, Jan 05, 2024)

OMO Result: At 1200 hours

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

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