Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall to around 17% YoY in April

OMO Result: SBP injects Rs2.72tr

OMO Result: SBP injects Rs9.66tr
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

December 22, 2023 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs2.72 trillion into the market. Of which Rs2.66tr 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) 689,450 689,450 22.10 – 22.06 22.06 10 10
14-Day   242,500 242,500 22.12 – 22.07 22.07 06 06
28-Day   1,723,600 1,723,600 22.15 – 22.04 22.04 20 20

Total

2,655,550 2,655,550

 

Meanwhile, the remaining Rs68 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) No Bid Received
14-Day   68,000 68,000 22.11 – 22.09 22.09 02 02
28-Day   No Bid Received

Total

68,000 68,000

 

Copyright Mettis Link News

Posted on: 2023-12-22T12:37:02+05:00