Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

OMO Result: SBP injects Rs619.85bn

OMO Result: SBP injects Rs809.7bn
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

May 10, 2024 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs619.85 billion into the market. Of which Rs589.85bn were injected through reverse repo OMO.

Summary of OMO Result (Reverse Repo)
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
7D Reverse Repo (Injection) 69,800 64,800 22.09 – 22.05 22.07 7 6
28D Reverse Repo (Injection) 656,100 525,050 22.08 – 22.05 22.07 11 9
Total 725,900 589,850  

Meanwhile, the remaining Rs30 billion was injected through Shariah-compliant Modarabah-based OMO.

Summary of OMO Result (Shariah)
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
7D Reverse Repo (Injection) 30,000 30,000 22.11 – 22.08 22.08 2 2
28D Reverse Repo (Injection) NBR
Total 30,000 30,000  

Copyright Mettis Link News

Posted on: 2024-05-10T15:00:44+05:00