OMO Result: SBP injects Rs1.44tr in market

MG News | April 07, 2023 at 12:07 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 07, 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 Rs1.44 trillion into the market, from which Rs1.39tr injected into the market under reverse repo.

Summary of OMO Result
		Amount (Rs in millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Day	Reverse Repo (Inject)	181,000	181,000	21.32 - 21.1	21.10	6	6
70-Day	Reverse Repo (Inject)	1,210,950	1,210,950	21.21 - 21.08	21.08	22	22
Total		1,391,950	1,391,950

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs53bn into the market.

Summary of Shariah-Compliant Mudarabah-based OMO Result
		Amount (Rs in Millions)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Day	Shariah Compliant (Injection)	31,000	31,000	21.2 - 21.2	21.2	1	1
70-Day	Shariah Compliant (Injection)	22,000	22,000	21.18 - 21.18	21.18	1	1
Total		53,000	53,000

Copyright Mettis Link News

Related News

Civil Govt spending up 12.5% in 9 months

Pakistan eyes China market for buffalo embryo exports

FBR proposes AI monitoring, e-auctions in tax reform push

Name	Price/Vol	%Chg/NChg
KSE100	166,498.84 185.04M	-0.57% -952.30
ALLSHR	100,481.40 703.99M	-0.51% -519.61
KSE30	49,764.01 68.59M	-0.64% -319.08
KMI30	240,340.56 94.21M	-0.36% -880.32
KMIALLSHR	65,599.63 389.80M	-0.33% -217.28
BKTi	45,136.63 31.52M	-1.09% -499.60
OGTi	35,252.30 4.64M	-0.58% -205.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,785.00	81,815.00 78,985.00	2040.00 2.56%
BRENT CRUDE	104.95	107.13 103.88	-0.68 -0.64%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-6.70 -5.74%
ROTTERDAM COAL MONTHLY	108.25	108.25 107.25	0.00 0.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	100.81	102.35 99.39	-0.21 -0.21%
SUGAR #11 WORLD	14.98	15.42 14.92	-0.40 -2.60%