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OMO Result: SBP injects Rs503.2bn

SBP to issue new currency notes
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October 28, 2022 (MLN): The State Bank of Pakistan (SBP) on Friday injected Rs503.2 billion into the money market through reverse repo purchase and Shariah-compliant mudarabah-based open market operation.

As per the SBP statement, through reverse repo purchase operation, the injected amount was Rs486.2bn.Out of which Rs175bn were injected for 7-day at 15.21% and the rest amount was injected for 63 days at a 15.20% rate of return accepted per annum.

The amount injected through Shariah-compliant mudaraba-based operation was Rs17bn for 7 days at a 15.19% rate of return accepted per annum.

Summary of OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Day

Reverse Repo (Injection)

250,100

175,000

15.26 – 15.15

15.21

16

11

63-Day

Reverse Repo (Injection)

312,200

311,200

15.29 – 15.15

15.20

15

14

 

Total

562,300

486,200

 

 

 

 

 

Summary of Shariah Complaint Mudarabah Based OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Day

 Injection

17,000

17,000

15.19– 15.19

15.19

01

01

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Posted on: 2022-10-28T17:00:57+05:00

News Id :35676