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OMO Result: SBP injects around Rs6tr

OMO Result: SBP injects Rs619.85bn
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January 12, 2024 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs5.99 trillion into the market. Of which Rs5.78tr were injected through reverse repo OMO.

Summary of OMO Result

 

 

Amount (Rs in Million)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

07-Day Reverse Repo (Injection) 235,000 235,000 22.12 – 22.07 22.07 06 06
14-Day   4,586,450 4,586,450 22.11 – 22.04 22.04 18 18
28-Day   964,550 964,550 22.10 – 22.05 22.05 14 14

Total

5,786,000 5,786,000

 

Meanwhile, the remaining Rs210 billion was injected through Shariah-compliant Modarabah-based OMO. 

Summary of OMO Result

 

 

Amount (Rs in Million)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

07-Day Reverse Repo (Injection) 71,000 71,000 22.09 – 22.05 22.05 05 05
14-Day   139,000 139,000 22.11 – 22.05 22.05 05 05
28-Day   No Bid Received

Total

210,000 210,000

 

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Posted on: 2024-01-12T14:52:12+05:00