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CPI Preview: Inflation to fall to around 17% YoY in April

OMO Result: SBP injects Rs1.68tr

OMO Result: SBP injects Rs9.66tr
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February 09, 2024 (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 Rs1.68 trillion into the market. Of which Rs1.52tr 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
7D Reverse Repo (Injection) 221,050 221,050 22.1 – 22.06 22.06 5 5
14D Reverse Repo (Injection) 117,000 117,000 22.12 – 22.07 22.07 6 6
28D Reverse Repo (Injection) 1,179,400 1,179,400 22.1 – 22.05 22.05 18 18
Total 1,517,450 1,517,450  

Meanwhile, the remaining Rs158 billion 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
7D Reverse Repo (Injection) 1,000 1,000 22.08 – 22.08 22.08 1 1
14D Reverse Repo (Injection) 157,000 157,000 22.11 – 22.07 22.07 4 4
28D Reverse Repo (Injection) No Bid Received
Total 158,000 158,000  

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Posted on: 2024-02-09T12:52:08+05:00