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MPS Preview: High for Longer

OMO Result: SBP Injects Rs303bn into Market

SBP sells T-bills worth Rs361bn
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December 27, 2022 (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 Rs303 billion into the market, from which Rs271bn injected into the market for 3 days at 16.20%.

Summary of OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

3-Days

Repo (Inject)

271,000

271,000

16.3 – 16.2

16.20

3

3

Total

271,000

271,000

 

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs32bn into the market for 3 days at 16.20%.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

3-Days

Reverse Repo (Injection)

32,000

32000

16.26 – 16.2

16.20

3

3

Total

32,000

32,000

 

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Posted on: 2022-12-27T15:42:22+05:00