OMO Result: SBP Injects Rs. 477.85 Billion

MG News | February 03, 2023 at 03:23 PM GMT+05:00

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February 3, 2023 (MLN): The State Bank of Pakistan (SBP) Conducted an Open Market Operation (OMO) through which it injected Rs477.85 billion into the market.

Out of the amount injected, Rs186bn was Shariah Compliant Mudarabah while Rs291.85bn was through the conventional market.

SBP accepted bids for Rs4bn for 7 days in the regular OMO while it accepted Rs1 billion for 7 Days in the Shariah Compliant Mudarabah based OMO, the remaining amounts were for 77 days.

Summary of OMO Result
		Amount (Rs in Millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Days	Repo (Inject)	4,000	4,000	17.27 – 17.20	17.20	03	03
77-Days	Repo (Inject)	454,850	287,850	17.28 – 17.17	17.23	23	11
	Total	458,850	291,850

Summary of Shariah-Compliant Mudarabah-based OMO Result
		Amount (Rs in Millions)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Days	Reverse Repo (Injection)	1,000	1,000	17.2 - 17.2	17.20	1	1
77-Days	Reverse Repo (Injection)	205,000	185,000	17.25 - 17.21	17.25	2	1
Total		206,000	186,000

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ROTTERDAM COAL MONTHLY	113.00	114.50 113.00	-0.40 -0.35%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	112.06	0.00 0.00	0.52 0.47%
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