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OMO Result: SBP injects Rs1.7tr

OMO Result: SBP injects Rs9.66tr
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November 17, 2023 (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 Rs1.7 trillion into the market. Of which Rs1.54tr 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

07-Day Reverse Repo (Injection) 283,000 283,000 22.12 – 22.06 22.06 12 12
14-Day   251,900 241,700 22.15 – 22.01 22.06 15 12
28-Day   1,054,250 1,014,050 22.10 – 22.02 22.06 18 14

Total

1,589,150 1,538,750

 

Meanwhile, the remaining Rs164bn 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

07-Day Reverse Repo (Injection) 82,000 82,000 22.07 – 22.07 22.07 01 01
14-Day   82,000 82,000 22.07 – 22.07 22.07 01 01
28-Day       No Bid Received

Total

164,000 164,000

 

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Posted on: 2023-11-17T12:48:22+05:00