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OMO Result: SBP injects Rs332.4bn

OMO Result: SBP injects Rs2.18tr
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October 13, 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 Rs332.4 billion into the market. Of which Rs261.4bn 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) 185,400 185,400 22.15 – 22.07 22.07 3 3
77-Day   154,550 76,000 22.15 – 22.04 22.07 5 3
Total 339,950 261,400  

Meanwhile, the remaining Rs71bn 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) 71,000 71,000 22.19 – 22.10 22.10 05 05
77-Day   No Bid Received
Total 71,000 71,000  

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Posted on: 2023-10-13T13:00:13+05:00