OMO Result: SBP injects Rs235.2bn

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MG News | May 22, 2023 at 01:57 PM GMT+05:00

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May 22, 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 Rs235.2 billion into the market, from which Rs175.2bn 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

4-Day Reverse Repo (Inject) 197,200 175,200 21.30 - 21.02 21.10 14 11

Total

197,200 175,200

 

While the remaining Rs60bn has been injected through Shariah-Compliant Modarabah-based OMO.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

4-Day Shariah Compliant (Injection) 60,000 60,000 21.20 - 21.13 21.13 4 4

Total

60,000 60,000

 

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