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OMO Result: SBP injects Rs1.77tr

OMO Result: SBP injects Rs1.77tr
  • 12:48
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May 26, 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 Rs1.77 trillion into the market, from which Rs1.73tr injected into the market under reverse repo.

Summary of OMO Result
    Amount (Rs in Millions) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
5-Day Reverse Repo (Inject) 1,525,850 1,525,850 21.21 – 21.06 21.25 16 16
77-Day   209,700 209,700 21.15 – 21.01   18 18
Total 1,735,550 1,735,550  

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs37bn into the market.

Summary of Shariah-Compliant Mudarabah-based OMO Result
    Amount (Rs in millions) Rate (%) Bids
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
5-Day Shariah Compliant (Injection) – – No Bid Received – – –
77-Day   37,000 37,000 21.11 – 21.11 21.11 1 1
Total 37,000 37,000  

 

Copyright Mettis Link News

Posted on: 2023-05-26T12:48:58+05:00

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