OMO Result: SBP injects Rs1.44tr in market

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

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

Govt, Roche agree on free cancer medicines

Weekly SPI increases by 0.12% WoW

OMO Result: SBP injects around Rs1.6tr into market

Name	Price/Vol	%Chg/NChg
KSE100	184,409.67 393.48M	-0.61% -1133.34
ALLSHR	110,382.58 1,026.61M	-0.45% -501.36
KSE30	56,593.88 158.22M	-0.71% -404.12
KMI30	259,208.41 213.19M	-0.87% -2263.77
KMIALLSHR	70,710.78 493.25M	-0.60% -427.51
BKTi	53,774.72 51.55M	-0.55% -299.43
OGTi	36,045.04 14.71M	-0.59% -214.34

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,645.00	92,275.00 89,825.00	-460.00 -0.50%
BRENT CRUDE	63.02	63.92 61.83	1.03 1.66%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-1.25 -1.42%
ROTTERDAM COAL MONTHLY	95.30	98.65 95.30	-2.90 -2.95%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.78	59.77 57.61	1.02 1.77%
SUGAR #11 WORLD	14.89	14.99 14.78	-0.08 -0.53%