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OMO Result: SBP injects Rs503.8bn

OMO Result: SBP injects Rs9.66tr
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February 09, 2024 (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 Rs503.8 billion into the market. Of which Rs382.8bn 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
7D Reverse Repo (Injection) 343,050 228,050 22.09 – 22.06 22.07 5 3
28D Reverse Repo (Injection) 200,300 154,750 22.08 – 22.05 22.07 11 7
Total 543,350 382,800  

Meanwhile, the remaining Rs121bn 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
7D Reverse Repo (Injection) 70,600 70,600 22.08 – 22.08 22.08 2 2
28D Reverse Repo (Injection) 50,400 50,400 22.11 – 22.07 22.07 3 3
Total 121,000 121,000  

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Posted on: 2024-02-16T13:05:59+05:00