OMO Result: SBP injects Rs660.4bn

MG News | January 02, 2024 at 01:40 PM GMT+05:00

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January 02, 2024 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs660.4 billion into the market. Of which Rs574.4bn were injected through reverse repo OMO.

Summary of OMO Result
		Amount (Rs in Million)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
03-Day	Reverse Repo (Injection)	574,400	574,400	22.12 - 22.04	22.04	05	05

Meanwhile, the remaining Rs86bn was injected through Shariah-compliant Modarabah-based OMO.

Summary of OMO Result
		Amount (Rs in Million)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
03-Day	Reverse Repo (Injection)	86,000	86,000	22.15-22.07	22.07	02	02

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