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

OMO Result: SBP injects Rs5.6tr

OMO Result: SBP injects Rs9.66tr
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December 15, 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 Rs5.6 trillion into the market. Of which Rs5.3tr 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

07-Day Reverse Repo (Injection) 318,000 318,000 22.11 – 22.08 22.08 05 05
14-Day   107,500 107,500 22.11 – 22.05 22.05 06 06
28-Day   5,086,250 4,973,250 22.16 – 22.03 22.04 32 31

Total

5,511,750 5,398,750

 

Meanwhile, the remaining Rs200 billion 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

07-Day Reverse Repo (Injection) 72,500 72,500 22.09 – 22.07 22.07 02 02
14-Day   7,500 7,500 22.09 – 22.09 22.09 01 01
28-Day   120,000 120,000 22.08 – 22.08 22.08 01 01

Total

200,000 200,000

 

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Posted on: 2023-12-15T15:47:21+05:00