OMO Result: SBP injects Rs509.2bn
MG News | April 27, 2023 at 01:32 PM GMT+05:00
April 27, 2023 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today, in which it cumulatively injected a total of Rs509.2 billion into the market, from which Rs352.2bn injected into the market under reverse repo.
|
Summary of OMO Result |
|||||||
|---|---|---|---|---|---|---|---|
|
|
|
Amount (Rs in Millions) |
Rate (%) |
Quotes |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
| 1-Day | Reverse Repo (Inject) | 361,800 | 352,200 | 21.28 – 21.10 | 21.25 | 12 | 07 |
|
Total |
361,800 | 352,200 |
|
||||
Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs157bn into the market.
| Summary of Shariah-Compliant Mudarabah-based OMO Result | |||||||
|---|---|---|---|---|---|---|---|
|
|
|
Amount (Rs in millions) |
Rate (%) |
Bids |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
| 1-Day | Shariah Compliant (Injection) | 157,000 | 157,000 | 21.25 – 21.25 | 21.25 | 1 | 1 |
|
Total |
157,000 | 157,000 |
|
||||
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