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OMO Result: SBP injects Rs1.71tr in market

OMO Result: SBP injects Rs7.7tr
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March 27, 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 Rs1.71 trillion into the market, from which Rs1.6tr injected into the market for 74-day at 20.15% rate of return. 

Summary of OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

2-Day Reverse Repo (Inject) 442,150 bids rejected 20.40-20.23 5

74-Day

Reverse Repo (Inject)

1,608,300 1,605,300 20.50 – 20.14 20.15

34

33

Total

2,050,450 1,605,300

 

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs107bn into the market at a 20.15% rate of return for 74-day.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

4-Day Shariah Compliant (Injection) No bids received

74-Day

Shariah Compliant (Injection)

107,000 107,000 20.45 – 20.15 20.15

06

06

Total

107,000 107,000

 

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Posted on: 2023-03-27T13:58:09+05:00