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OMO Result: SBP Injects Rs40.95bn into Market

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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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Posted on: 2023-02-07T13:28:01+05:00