OMO Result: SBP injects Rs426.8bn
MG News | August 17, 2023 at 12:34 PM GMT+05:00
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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