OMO Result: SBP Injects Rs40.95bn into Market

MG News | February 07, 2023 at 01:28 PM GMT+05:00

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February 07, 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 Rs40.95 billion into the market, from which Rs17.95bn injected into the market for three days at 17.16%.

Summary of OMO Result
		Amount (Rs in Millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
3-Days	Repo (Inject)	17,950	17,950	17.25-17.16	17.16	5	5
Total		17,950	17,950

In the Shariah Compliant Mudarabah based OMO, the SBP injected Rs23bn into the market for three days at 17.25%.

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)	23,000	23,000	17.3-17.25	17.25	2	2
Total		23,000	23,000

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