OMO Result: SBP injects Rs146.9bn

By MG News | May 05, 2023 at 12:34 PM GMT+05:00

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May 05, 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 Rs146.9 billion into the market, from which Rs105.5bn injected into the market under reverse repo.

Summary of OMO Result
		Amount (Rs in millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
70-Day	Reverse Repo (Inject)	105,500	105,500	21.18 - 21.04	21.04	17	17
Total		105,500	105,500

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs41.4bn into the market.

Summary of Shariah-Compliant Mudarabah-based OMO Result
		Amount (Rs in Millions)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
70-Day	Shariah Compliant (Injection)	41,400	41,400	21.15 - 21.15	21.15	3	3
Total		41,400	41,400

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