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CPI Preview: Inflation to fall to around 17% YoY in April

OMO Result: SBP injects Rs417bn

OMO Result: SBP injects Rs9.66tr
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April 01, 2024 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah-compliant Modarabah-based Open Market Operation (OMO) today, injecting a total of Rs417 billion into the market, entirely through reverse repo OMO.

Summary of OMO Result (Reverse Repo)
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
4D Reverse Repo (Injection) 417,000 417,000 22.10 – 22.05 22.05 5 5
Total 417,000 417,000  

Meanwhile, no bids were received for Shariah-compliant Modarabah-based OMO.

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Posted on: 2024-04-01T13:32:06+05:00