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OMO Result: SBP injects Rs568.9bn

OMO Result: SBP injects Rs10.61tr
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July 14, 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 Rs568.9 billion into the market. Of which Rs490.9bn 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) 100,000 100,000 22.12 – 22.12 22.12 01 01
77-Day   566,750 390,900 22.10 – 22 22.10 16 03

Total

666,750 490,900

 

The remaining Rs78bn 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) 112,500 28,000 22.13 – 22.05 22.10 06 02
77-Day   50,000 50,000 22.04 – 22.04 22.04 01 01

Total

162,500 78,000

 

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Posted on: 2023-07-14T13:03:34+05:00