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OMO Result: SBP injects Rs1.19tr

OMO Result: SBP injects Rs9.66tr
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July 21, 2023 (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 Rs1.19 trillion into the market. Of which Rs1.17bn 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
6-Day Reverse Repo (Injection) NO BID RECEIVED
77-Day   1,189,900 1,169,900 22.41 – 22.13 22.15 19 16
Total 1,189,900 1,169,900  

 While the remaining Rs20bn 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
6-Day Reverse Repo (Injection) NO BID RECEIVED
77-Day   73,000 20,000 22.41 – 22.13 22.37 04 03
Total 73,000 20,000  

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Posted on: 2023-07-21T14:18:13+05:00