OMO Result: SBP injects Rs2.72tr

MG News | December 22, 2023 at 12:37 PM GMT+05:00

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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

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