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OMO Result: SBP injects Rs548.55bn

OMO Result: SBP injects Rs10.61tr
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July 07, 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 Rs548.55 billion into the market. Of which Rs494.55bn were injected through reverse repo purchase. 

Summary of OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Day Reverse Repo (Inject) 77,000 76,000 22.11 – 22.03 22.05 04 03
77-Day   668,700 418,550 22.08 – 22.01 22.04 17 18

Total

745,700 494,550

 

The remaining Rs54bn was injected through Shariah-Compliant Modarabah-based OMO. 

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Day Shariah Compliant (Injection) 54,000 54,000 22.17 – 22.05 22.05 04 04
77-Day   No Bid Received

Total

54,000 54,000

 

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Posted on: 2023-07-07T13:09:47+05:00