OMO Result: SBP injects Rs1.12tr

MG News | September 01, 2023 at 12:48 PM GMT+05:00

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September 01, 2023 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today, in which it cumulatively injected a total of Rs1.12 trillion into the market. Of which Rs1.05tr were injected through reverse repo purchase.

Summary of OMO Result
		Amount (Rs in Millions)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
06-Day	Reverse Repo (Inject)	379,500	379,500	22.15 - 22.11	22.11	03	03
77-Day		675,750	675,750	22.26 - 22.09	22.09	25	25
Total		1,055,250	1,055,250

The remaining Rs73bn was injected through Shariah-Compliant Modarabah-based OMO.

Summary of Shariah-Compliant Mudarabah-based OMO Result
		Amount (Rs in millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
06-Day	Shariah Compliant (Injection)	-	-	No Bid Received	-	-	-
77-Day		73,000	73,000	22.25 - 22.25	22.25	01	01
Total		73,000	73,000

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