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OMO Result: SBP injects Rs2.12tr in market

OMO Result: SBP injects Rs9.66tr
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November 24, 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 Rs2.12 trillion into the market. Of which Rs1.92tr 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) 581,350 581,350 22.12 – 22.06 22.06 16 16
14-Day   394,500 394,500 22.12 – 22.07 22.07 09 09
28-Day   947,250 947,250 22.10 – 22.06 22.06 10 10

Total

1,923,100 1,923,100

 

Meanwhile, the remaining Rs200 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

07-Day Reverse Repo (Injection) 70,000 70,000 22.07 – 22.07 22.07 01 01
14-Day   130,000 130,000 22.11 – 22.07 22.07 02 02
28-Day       No Bid Received

Total

200,000 200,000

 

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Posted on: 2023-11-24T13:43:35+05:00