OMO Result: SBP injects Rs575.8bn

News Image

MG News | December 26, 2024 at 01:59 PM GMT+05:00

0:00

December 26, 2024 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo-based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs575.8 billion into the market. 

 

 

Summary of OMO Result (Conventional)
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
8D Reverse Repo (Injection) 575,800 575,800 13.10 - 13.07 13.07 03 03
Total 575,800 575,800  

Explanatory Note

Open Market Operation is a tool used by SBP to inject or mop-up funds, based on the liquidity requirements, from the banking system via the purchase or sale of eligible securities.

Operationally, in case of OMO (Injections), SBP lends funds to banks/Primary Dealers (PDs) against eligible collateral to address liquidity shortage in the system.

For OMO (Injections), marketable government securities, i.e. Market Treasury Bills (MTBs) and Pakistan Investment Bonds (PIBs) are eligible securities.

In OMO (Mop-up), SBP sells MTBs to banks against funds to remove surplus liquidity from the system.

Eligible collateral for OMO (Mop-up) includes selling MTBs (on repo or outright basis) to banks for removing excess liquidity from the system.

In case of Bai-Muajjal, a Shariah compliant tool for managing liquidity in the Islamic banking system, GOP Ijara Sukuk are eligible securities.

Banks and PDs are eligible counterparties to OMO transactions. For Bai Muajjal transactions, Islamic banks and specialized Islamic windows of conventional banks are eligible counterparties.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 157,428.34
214.10M
0.80%
1250.52
ALLSHR 96,448.20
886.51M
0.86%
817.82
KSE30 48,000.00
126.64M
0.67%
321.53
KMI30 231,708.66
164.00M
0.88%
2026.43
KMIALLSHR 64,872.71
412.55M
0.79%
505.95
BKTi 42,318.81
68.42M
0.94%
396.01
OGTi 31,720.01
9.23M
-0.05%
-15.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,325.00 118,295.00
116,115.00
1500.00
1.30%
BRENT CRUDE 67.70 68.01
67.50
-0.25
-0.37%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.43 63.82
63.24
-0.62
-0.97%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 11:26 AM GMT+05:00

Pakistan, China vow stronger economic ties


September 18, 2025 at 11:13 AM GMT+05:00

CDNS revises profit rates on savings schemes


September 18, 2025 at 11:09 AM GMT+05:00

BOP hints at possible share buyback if stock remains undervalued


September 18, 2025 at 10:47 AM GMT+05:00

National Savings Schemes see over Rs44bn inflow in July



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg