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OMO Result: SBP Injects Rs568.85bn Into Market

OMO Result: SBP Injects Rs568.85bn Into Market
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December 09, 2022 (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 Rs568.85 billion into the market, from which Rs155.1bn injected into the market for 7 days at 16.20% and Rs289.25bn for 63 days at 16.09%.

Summary of OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Days

Repo (Inject)

191,800

155,100

16.29-16.05

16.20%

12

10

63-Days

Repo (Inject)

347,500

289,250

16.25-16.05

16.09%

26

21

Total

539,300

444,350

 

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs47.5bn into the market for 7 days at 16.20% and Rs77bn for 63 days at 16.23% respectively.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Days

Reverse Repo (Injection)

47,500

47,500

16.21-16.2

16.20%

2

2

63-Days

Reverse Repo (Injection)

77,000

77,000

16.25 – 16.23

16.23%

3

3

Total

124,500

124,500

 

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Posted on: 2022-12-09T15:17:20+05:00