OMO Result: SBP injects Rs426.8bn

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MG News | August 17, 2023 at 12:34 PM GMT+05:00

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August 17, 2023 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs426.8 billion into the market. Of which Rs323.8bn 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

1-Day Reverse Repo (Injection) 348,800 323,800 22.25 - 22.09 22.10 15 14

Total

348,800 323,800

 

Meanwhile, the remaining Rs103bn 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

1-Day Reverse Repo (Injection) 103,000 103,000 22.35 - 22.19 22.19 08 08

Total

103,000 103,000

 

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