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OMO Result: SBP injects Rs625.55bn in market

OMO Result: SBP injects Rs9.66tr
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April 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 Rs625.55 billion into the market, from which Rs549.95bn injected into the market under reverse repo.

Summary of OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

14-Day Shariah Compliant (Injection) 374,950 374,950 21.26 – 21.11 21.11 12 12

70-Day

Shariah Compliant (Injection)

175,000 175,000 21.15 – 21.07 21.07

13

13

Total

549,950 549,950

 

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs75.6bn into the market.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

14-Day Reverse Repo (Inject) 40,600 40,600 21.11 – 21.11 21.11 1 1

70-Day

Reverse Repo (Inject)

35,000 35,000 21.13 – 21.13 21.13

1

1

Total

75,600 75,600

 

 

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Posted on: 2023-04-14T11:45:10+05:00