OMO Result: SBP Injects Rs1.63tr into Market

By MG News | January 03, 2023 at 03:33 PM GMT+05:00

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January 03, 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 Rs1.63 trillion into the market, from which Rs350bn injected into the market for 3 days at 16.50%, and Rs1.21tr for 73 days at 16.15% rate.

Summary of OMO Result
		Amount (Rs in Millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
3-Days	Repo (Inject)	350,000	350,000	16.5 - 16.5	16.50	1	1
73-Days	Repo (Inject)	1,394,300	1,205,600	16.25 - 16.09	16.15	28	15
Total		1,744,300	1,555,600

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs73bn into the market for 73 days at 16.17%.

Summary of Shariah-Compliant Mudarabah-based OMO Result
		Amount (Rs in Millions)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
73-Days	Reverse Repo (Injection)	73,000	73,000	16.25 - 16.17	16.17	2	2
Total		73,000	73,000

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BITCOIN FUTURES	110,490.00	111,220.00 109,200.00	205.00 0.19%
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USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.18	67.58 66.53	-0.27 -0.40%
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