Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

OMO Result: SBP Injects Rs.2,397.00 Billion for 3 and 7 Days

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

July 09, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation on Friday in which it injected Rs.2,397 Billion into the market for 3 and 7 Days.

Summary of OMO Result

    Amount* Rate Bids
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
3D Reverse Repo (Injection) 747.000 747.000 7.21 – 7.08 7.08 15 15
7D Reverse Repo (Injection)  1,728.300 1,650.000 7.10 – 7.07 7.07* 21 21
* Total amount offered at 7.07% was Rs. 581,000.00 Mio out of which SBP accepted Rs. 502,700.00 Mio on pro-rata basis.
OMO Settlement: same day July 09, 2021
*Amount in Billions

 

Copyright Mettis Link News

Posted on: 2021-07-09T13:17:00+05:00

42161